Italy's premier-designate finalizing new govt

Prime Minister-designate Mario Monti of Italy said Tuesday he is ready to present his new government to the president after winning wide backing - and important pledges of sacrifices - from political, business and union leaders during two days of intense consultations.

Monti said he still has to put the final touches on his Cabinet and economic program, which he will outline to President Giorgio Napolitano on Wednesday. (AP)