Italian Media Confirms Monti will run in Elections

Mario Monti will take part in Italy’s elections in February, media reports said on Thursday, confirming speculation that the Italian prime minister will join a centrist group and remain in politics to lead Italy out of the debt crisis.

The Financial Times reported that Monti indicated his intention in a meeting on Wednesday with Pier Ferdinando Casini, head of the small UDC party, and Luca Cordero di Montezemolo, the head of Ferrari who has launched his own civic movement in support of the prime minister. It cited three sources close to the talks.

Italian daily La Repubblica reported on Thursday that Monti would most likely announce his plans for the country, outlined in a “road map”on Sunday morning.

via CNBC

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