Italian premier pledges to lead

Monti: Early resignation won’t leave ‘decision-making vacuum’

Posted: December 11, 2012 at 1:22 a.m.

A man in Milan, Italy, checks the Italian stock exchange Monday as the country’s stock market fell and Italy saw its borrowing costs jump as investors and European leaders worried about Prime Minister Mario Monti’s decision to resign earlier than expected.

Seeking to calm financial markets, Prime Minister Mario Monti said Monday he will lead Italy until the next government takes power, insisting there will be “no decision-making vacuum” despite his intention to resign ahead of time.

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Business, Pages 23 on 12/11/2012