Renzi Sworn in as Italian Premeir After Toppling Letta

Matteo Renzi was sworn in as Italian prime minister one week after toppling Enrico Letta’s government in an intra-party dispute.

Renzi and his cabinet took the oath in Rome today from President Giorgio Napolitano. Finance Minister Pier Carlo Padoan, who was in Sydney yesterday for the Group of 20 finance chiefs meeting as chief economist of the Organization for Economic Cooperation and Development, was traveling back to Italy and will be sworn in at a later stage, according to a statement from Napolitano’s office.