- Mario Monti is in talks with centrist groups urging him to stand in Italy’s elections early next year it emerged on Monday as pressure mounted on the technocrat prime minister from the financial markets, fellow European leaders and the Church to stay in politics to safeguard his reforms.
- Italy’s government borrowing costs rose and its stock market fell sharply after his surprise decision over the weekend to stand down earlier than expected rekindled uncertainty over one of the eurozone’s more vulnerable economies.
Full link: http://www.ft.com/cms/s/0/642c7326-42f5-11e2-aa8f-00144feabdc0.html#axzz2Eg4ey25f
Analysis details (20:26)
- At 1600GMT the Italian PM Monti said he is not considering running at this time, which conflicts with these recent reports in the FT.
10 Dec 2012 - 20:24 - - Source: FT
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: