Mario Monti is starting work to form a new government to lead Italy out of its acute debt crisis which prompted the resignation of Prime Minister Silvio Berlusconi.

The appointment of Monti, an ex-EU competition commissioner, was announced by Italy’s president on Sunday.

Monti said he wanted to build “a future of dignity and hope” for Italy’s children.

Anchor Marco Werman talks with Italian journalist Gianni Riotta about Monti’s background.