Italy moves toward economic and political change (AP)

[TimesTen]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20111111/ap_on_re_eu/eu_italy_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20111111/capt.78be4ae933d84a8fb7bb3adebc29dacd-78be4ae933d84a8fb7bb3adebc29dacd-0.jpg?x=91&y=130&q=85&sig=vGXX6loQ8rz.CzzYGOAopw--" align="left" height="130" width="91" alt="Italian Sen. Mario Monti attends the beginning of a voting session on economic reform measures demanded by the European Union, that should pave the way for Premier Silvio Berlusconi to leave office in a matter of days, at the Senate in Rome, Friday, Nov. 11, 2011. The prospect of a transitional government headed by respected non-partisan economist Mario Monti calmed markets for a second day, with Italy's 10-year borrowing rate down a further 0.21 percentage point to 6.59 percent. Shares were buoyant too, with the Milan stock index was up 1.7 percent in early trading at 15,477. (AP Photo/Mauro Scrobogna, Lapresse) ITALY OUT" border="0" /></a>AP - Under pressure to control its dangerous debt, Italy sped a package of reforms toward approval Friday and prepared to hand its dysfunctional government over to a technocrat who Europe hopes can save the country from going broke. Financial markets around the world rallied in relief.</p><br clear="all"/>

 

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