Italy's Monti forms electoral coalition

Italian premier Mario Monti announced he is heading a new campaign coalition made of up centrists, business leaders and pro-Vatican forces who back his “ethical” vision of politics, aiming for a second mandate in office if his fledging reform movement wins in parliamentary elections.

After a four-hour huddle with his supporters, Mr Monti ended weeks of speculation at home and abroad about whether the internationally respected economist, who was appointed to head a non-elected government a year ago, would seek a new term, this time given to him by the voters.