Updated on
Summary New Italian PM Mario Monti has won confidence vote in the Senate.
Italys New Prime Minister, Mario Monti comfortably wins a confidence vote in the Senate by 281 votes to 25.Earlier, Monti told the Senate the survival of the euro partly depended on Italy embarking on radical reforms within weeks.The economist-turned-politician is racing to try to end a collapse in market confidence that has pushed Romes borrowing costs to critical levels.He faces another confidence vote in the Chamber of Deputies on Friday, which he is expected to win.
