As violent protests erupted in Rome and Milan, Monti said he would target tax evasion, education reform and labour changes in a tough round of measures to rescue Italy from a “serious emergency”.
His government of technocrats won a Senate vote by 281 votes to 25, and is expected to win a further vote in the lower house at lunchtime today.
Monti also said he would reform the pension system to remove unfair disparities and also signalled the government would re-introduce a tax on first homes that was abolished by Berlusconi.
He would also sell off public assets, while lower taxes on labour and output would be balanced by higher levies on consumption.
Students protested in Milan, approaching the Bocconi University, which Monti chairs. They threw firecrackers at police and chanted: “Monti will make us all beggars.”