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On the Agenda / European Union | World Economic Forum

On the Agenda / Davos Agenda | World Economic Forum

Napolitano, president who helped save Italy from possible default, dies at 98

Giorgio Napolitano, who died on Friday aged 98, was one of modern Italy s most important presidents as he steered the country away from the brink of default during Europe s debt crisis and later.

OBITUARY-Napolitano, president who helped save Italy from possible default, dies at 98

OBITUARY-Napolitano, president who helped save Italy from possible default, dies at 98
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Napolitano, president who helped save Italy from possible default, dies at 98

Giorgio Napolitano, who died on Friday aged 98, was one of modern Italy's most important presidents as he steered the country away from the brink of default during Europe's debt crisis and later out of political paralysis. A career politician who joined the Italian Communist Party (PCI) in 1945, the mild-mannered, bespectacled Napolitano was picked by parliament to become Italy's 11th president in 2006 and re-elected for a then-unprecedented second term seven years later. Napolitano forged a close relationship with the late Pope Benedict XVI and was one of the few people to have been warned in advance of Benedict's shock resignation in February 2013.

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