Monti must rescue Eurozone

Italy's prime minister designate, Mario Monti, has said he is convinced his country can overcome the crisis by pulling together. But it is he who faces the biggest challenge, writes the liberal business paper Hospodářské noviny: "The expectations that are being placed on Monti are almost inhuman. First of all he must gain the confidence of the financial markets. They, in turn, will react according to whether Monti and his government enjoy the trust of the political parties and Italy as a whole. The economist Mario Monti knows, however, that his task is even greater than that. He doesn't just have to rescue Italy, but the entire Eurozone."

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