Italian Premier Insists He'll Stay in Office

Italian Prime Minister Mario Monti on Monday insisted he will serve out the remainder of his term until the election next year, dismissing claims that his government might collapse.

Italian Prime Minister Mario Monti gives a press conference with his Spanish counterpart Mariano Rajoy after a Spain-Italy summit at the Moncloa Palace in Madrid on Oct. 29. Javier Soriano/AFP/Getty Images