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FEB 24, 2014 - San Francisco Chronicle

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Italy's new premier wins crucial confidence vote

ROME (AP) — Italian Premier Matteo Renzi won a crucial confidence vote in Parliament on his brand new government early Tuesday, managing at least for now to tamp down anger from among his own Democrats over his brash, quick rise to power. [...] the potential defectors closed ranks, despite skepticism, after Renzi made a speech that was short on details on how he would quickly revive the economy. The new premier faces "pressure to show swift signs of progress on his ambitious reform program," given that unemployment for January is likely to have stayed at 12.7 percent, said CMC Markets UK ... Read More

Tags: Italy's new premier wins crucial confidence vote,  Unemployment Latest News