The full Tremonti

Revenge must taste pretty sweet for Giulio Tremonti. After his dramatic ouster as economy minister just over a year ago, he has now been reinstated. Moreover, Tremonti was forced to leave after coming off second-best in a tussle with Antonio Fazio, the governor of the Bank of Italy. He now looks in a strong position to settle old scores. Given the precedent, Tremonti would hardly have taken the job without being confident that he could see Fazio off. And, with a week to go before next year’s dr...