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Europe Live Tuesday 21st May 2013

Vittorio Grilli is made Economy and Finance Minister in Italy

16th July 2012

On 11th July 2012 Mario Monti, the President of the Italian Council, who held the Economy and Finance portfolio to date, suggested to the President of the Italian Republic, that Vittorio Grilli replace him in this post to become the Economy and Finance Minister. After being sworn in at the Quirinale Palace Mr Grilli entered office. Aged 55, he was the Director General of the Italian Treasury from May 2005 on and was Giulio Tremonti's righthand man - (former Finance Minister). Mario Monti also announced the institutionalisation of a coordination committee for the economic and financial policy.

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