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Italy's Renzi sworn in as prime minister

Saturday, February 22, 2014 - 01:37

Feb. 22 - Matteo Renzi, 39, becomes the EU's youngest prime minister as Italy's new government is sworn in. Deborah Lutterbeck reports.

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A stroll through Rome for Matteo Renzi ahead of his swearing in as Italy's youngest Prime Minister. The 39-year old leader of the Democratic Party and he will face a tough political test as he tries to manage the same cross-party alliance that hampered his predecessor. At the Presidential Palace he is sworn in. He will faces a huge challenge as the eurozone's third largest economy struggles to emerge from its worst slump since World War Two. The country is weighed down by an enormous public debt and an industrial base that has crumbled over the past decade. As his predecessor Enrico Letta hands over the bell to mark the first cabinet meeting he walks off. Renzi's government faces parliamentary confidence votes starting Monday to confirm it has the required majority. On the streets people are looking for change. (SOUNDBITE) (Italian) ROME RESIDENT LUCIA FABRIZI, SAYING: "The economic situation must be changed and the relationship with Europe as well, meaning all European countries must have the same possibilities." (SOUNDBITE) (Italian) ROME RESIDENT LUCIA FABRIZI, SAYING: "The economic situation must be changed and the relationship with Europe as well, meaning all European countries must have the same possibilities." Business and union leaders have repeatedly warned that the government must take urgent action to save Italy as tens of thousands of companies going out of business and millions out of work.

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Italy's Renzi sworn in as prime minister

Saturday, February 22, 2014 - 01:37