Padoa-Schioppa named as Italian econ min

Romano Prodi, Italy's incoming centre-left prime minister, on Wednesday 17 May named "a team and not a collection of prima donnas" which included former European Central Bank board member Tommaso Padoa-Schioppa as economy minister.

Mr Padoa-Schioppa commands the respect of financial markets and is strongly committed to fiscal discipline.

"I think the government will function. The preconditions are there," Mr Prodi told Franco Marini, the Senate speaker. He added that his government would work a

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