Competition Commissioner Mario Monti has decided to stay in Brussels and refuse an offer from the Italian government to fill in the post of finance minister.
Speaking at the centre-right EPP party meeting in Budapest, Mr Monti ended days of speculation as to whether he would accept the post, by saying he preferred to continue his commitment at the European level.
"[It] was a very challenging and attractive proposal. But I explained to the Prime Minister the reasons, which he full...
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