In November 2013 he was appointed by the government of Enrico Letta, Extraordinary Commissioner for the Spending Review. During this period, Cottarelli wrote several essays on fiscal and policy, fiscal institutions. He later returned to the IMF to serve as Executive Director for Italy and a group of other countries including Greece. He was also responsible for the development and publication of Fiscal Monitor, one of the three semi-annual publications on economic developments in various economic sectors.
Starting in September 1988 he began working for the International Monetary Fund, in which he was part of several departments: the European Department (of which he was Senior Advisor responsible for supervising the IMF's activities in a dozen countries), the Monetary and Capital Markets Department, the Strategy, Policy, and Review Department (of which he was vice president too) and From November 2008 to 2013 he was appointed Director of the Fiscal Affairs Department of the IMF. From 1981 to 1987, he worked in the Research Department of the Bank of Italy and in Eni from 1987 to 1988.
He graduated in Economics and Banking at the University of Siena and received a master's degree in Economics at the London School of Economics. Early life and career Ĭarlo Cottarelli was born in Cremona, Lombardy, in 1954. However, after few days, the Five Star Movement and the League reached an agreement and a new government, led by Giuseppe Conte, was formed. On he was designated Prime Minister of Italy by President Sergio Mattarella, to lead a caretaker government that would bring Italy toward new elections. Carlo Cottarelli ( Italian pronunciation: born 18 August 1954) is an Italian economist and former director of the International Monetary Fund.
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