Italian Prime Minister Silvio Berlusconi has praised former EU commissioner Mario Monti, seen as the frontrunner to succeed him, and said he would work "in the interests of the country".
The support came in an official telegram congratulating Monti on his appointment on Wednesday as senator-for-life, a move widely interepreted as an implicit endorsement of the 68-year-old economist.
Italian stocks rose 3.0 percent.

