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Italy's Prime Minister-designate Matteo Renzi talks to reporters after a meeting with President Giorgio Napolitano at the Quirinale Palace in Rome February 17, 2014. Renzi said on Monday he would begin official consultations to form a new government in the next 24 hours and expected to lay out a programme of reforms to be completed within the next few months.

Max Rossi/Reuters

Matteo Renzi, Italy’s prime minister-designate, talks to reporters after a meeting with President Giorgio Napolitano at the Quirinale Palace in Rome. Mr Renzi said on Monday he would begin official consultations to form a new government in the next 24 hours and expected to lay out a programme of reforms to be completed in the next few months