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Speaker(s): Mario Monti

Recorded on 18 January 2012 at Old Theatre, Old Building

Mario Monti is Italian Prime Minister and Minister of the Economy and Finance, positions he has held since 16 November 2011.

He was President of Bocconi University, Milan, from 1994 to November 2011, when, upon his request, he was suspended from his functions as President of Bocconi for the duration of his mandate as President of the Council of Ministers. He was also European chairman of the Trilateral Commission and honorary president of Bruegel, the European think-tank he launched in 2005.

He is the author of the report to the President of the European Commission on "A new strategy for the single market" (May 2010).

As the EU-appointed coordinator for the electricity interconnection between France and Spain, he brokered an agreement between the two heads of governments in June 2008. He was a member of the Attali Committee on economic growth in France, set up by President Sarkozy (2007-2008).

He was for ten years a member of the European Commission, in charge of the Internal market, Financial services and Tax policy (1995-1999), then of Competition policy (1999-2004). In addition to a number of high-profile cases (e.g. GE/Honeywell, Microsoft, the German Landesbanken), he introduced radical modernisation reforms of EU antitrust and merger control and led, with the US authorities, the creation of the International Competition Network (ICN).

Born in Varese, Italy, in 1943, he graduated from Bocconi University and did graduate studies at Yale University. Prior to joining the European Commission, he had been professor of economics and rector at Bocconi University.

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