News Headline Summary

FT writes "Monti in talks to run for Italian PM"

- 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:

Update details:

- At 1600GMT the Italian PM Monti said he is not considering running at this time, which conflicts with these recent reports in the FT.

Print 19:25, 10 Dec 2012 - Economic commentary - Source: FT