World

Italian Prime Minister Poised to Resign

Trying to pass a budget while the recently convicted former PM mounts an election campaign

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Italy's PM Mario Monti has played down speculation that he might run in forthcoming elections, saying he is focused on "completing his mandate".

Italy's main stock index fell 2.2% on Monday amid news he was to quit and that former premier Silvio Berlusconi was to run for office again.