Berlusconi Seeks IMF Monitoring as Rebels Threaten Revamp
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Prime Minister Silvio Berlusconi requested international surveillance of his bid to cut the euro-region’s second-biggest debt, as his fraying coalition threatens Italian efforts to erect a wall against Europe’s debt crisis.
Berlusconi’s government asked the International Monetary Fund to periodically assess its debt-reduction progress, while rejecting an offer for financial assistance from the Washington-based lender, he told a press conference today at the Group of 20 summit in Cannes, France.