Signor Emilio Colombo's new Government was sworn in on Thursday (August 6) by President Saragat of Italy.
LV Quirinale Place
LV INT Chamber, Saragat and Signor Colombo take seats
SV Deputy Prime Ministers de Martino signs followed by Taviani
CU Colombo at table
SV Carlo Russo to table
LV Ceremony continues
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Background: Signor Emilio Colombo's new Government was sworn in on Thursday (August 6) by President Saragat of Italy.
After the ceremony in which the 26 men in the new Cabinet were formally presented to the President, it only remained for Signor Colombo to seek Parliament's approval for his Government and policy programme. Debate on this will begin on Monday (August 10).
Signor Colombo begins his new role with the knowledge that the previous four-party, centre-left coalition government of Signor Mariano Rumor, in composition almost identical to his own, fell after only 100 days in office.
The 50 year-old bachelor economist Colombo who ran Italy's Treasury Ministry for the past seven years, well-equipped to try to overcome the country's financial and economic difficulties.
But some financial experts saw his failure to bring Republic Party Secretary Ugo La Malfa into the Government as a pointer to the temporary nature of the new administration.
They felt that La Malfa a recognised economic expert, would probably have accepted the post of Treasury Minister if he had given the new government the prospect of some two years' life, in which time serious progress might have been made towards economic and social reforms.
Some observers see Italy's present economic troubles as the worst since the severe recession and balance of payments crisis in the early 1960's, when Signor Colombo nursed the country back to booming health.
Today he has the added problem of an even more militant working class, quick to strike if their demands are not met, and secure in the knowledge that Italy's three major trade union confederations now work in close co-operation.