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The 37-year-old Stramaccioni has paid the price after only guiding Inter to a ninth-placed finish - a worst performance since 1994 - while overseeing 16 league defeats in the 2012-2013 campaign.
Mazzarri, who announced his decision to leave runner-up Napoli last weekend, has been named as Inter's new coach on a two-year deal.
A statement published on inter.it read: "Inter would like to communicate that they have reached an agreement with Walter Mazzarri - the new coach of Inter.
"Inter thank Andrea Stramaccioni for his great efforts and the professionalism he showed in a particularly difficult year.
"The agreement with Walter Mazzarri will last for two years."
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