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(15 Jan 1995) Italian/Eng/Nat Italy's Prime Minister-designate Lamberto Dini was Saturday starting to choose his likely cabinet. However, his task of forming the country's 54th government since the second world war will be far from straight forward. Millionaire businessman and former Prime Minister Silvio Berlusconi wants a snap election and Dini's appointment still has to be approved by the Parliament. The selection of Lamberto Dini, a former state bank director-general not aligned to any political party, ended weeks of negotiations following Prime Minister Silvio Berlusconi's resignation on December 22nd. The grey-suited technocrat, whose experience includes being Director-General of both the Bank of Italy and the International Monetary Fund, said on Friday that he would take the job. SOUNDBITE: (Italian) "I thank Mr President of the Republic for the honour and trust in me that he has demonstrated by conferring on me the task of forming a new government. I accept naturally, with reservations." SUPER CAPTION: Lamberto Dini As a member of the government of former Prime Minister Silvio Berlusconi, he took part in the government's efforts to cut the budget deficit and was closely involved in difficult negotiations with union leaders over proposed cuts in the country's pension schemes. The money markets seemed to like the idea. After the announcement of Dini's selection, the lira, which had been going down steadily for weeks, suddenly rose against the German mark. And, following the announcement, Dini won praise from political analysts as someone who could lead Italy out of its difficult economic position. SOUNDBITE: "I think that certainly Dini comes with a very good reputation as a man who can do something about the very seriously ill public finances in Italy. He's been Director-General of the Bank of Italy and also Director-General of the International Monetary Fund - credentials as far as the working on the economy is concerned." SUPER CAPTION: Professor Franco Pavoncello, American University of Rome While Dini may be known in the world of international finance, he's not a well known figure to many Italians. Some had to head off to their news-stands to get a better idea of what Dini might do for the country. Il Controfiguro, or Stuntman, teased one Italian headline. Despite his relative obscurity, many Italians seemed happy to have the dry technocrat replacing the media-magnate Berlusconi. SOUNDBITE: (Italian) "Dini is the right person because I think he represents a moment of respite in the Italian political situation" SUPER CAPTION: None SOUNDBITE: (English) "I prefer Dini because he's an economist, a very serious man, very respected abroad. I don't like Berlusconi at all." SUPER CAPTION: None One Treasury official was pleased that his boss had a new job, but wasn't too sure how long Dini would last. SOUNDBITE: (English) "We all hope he'll last at least a year and that he'll somehow bring us back to a situation where people are not so anxious about politics. I mean there is this invasion of politics into private life which is excessive. It has to stop, we all need some stability on political matters." SUPER CAPTION: Andrea Ripa Di Meana, Council of Experts, Treasury Ministry Dini remained out of sight on Saturday, holed up in the Treasury building, where he was reportedly selecting candidates for his cabinet. Rumours say he might be choosing the former Milan magistrate Antonio Di Pietro, famous for his anti-corruption campaigns, as Interior minister. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: / ap_archive Facebook: / aparchives Instagram: / apnews You can license this story through AP Archive: http://www.aparchive.com/metadata/you...