Saturday 16 December 2017

Ambrose Evans-Pritchard: Ireland is turning things around. Can Super Mario do the same?

Ambrose Evans-Pritchard:

ITALY’S gentle saviour is tougher than he looks. Mario Monti is a free-marketeer who disguises Thatcherite views and a steel will behind a cloak of unflappable good manners.

As EU competition commissioner a decade ago he battled Germany into retreat over subsidies for the Landesbanken and forced France to break up its electricity monopolies.

He stunned Washington by fining Microscoft €497m (�426m) for abuse of dominant position and blocking the $45bn (�28bn) GE-Honeywell merger, the world's biggest up to that date, after it had already been approved by the Justice Department, as if to say the Americans were failing on the job.

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