Papademos Aims for Loan; Monti Faces Resistance

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Nov. 15 (Bloomberg) -- Greek Prime Minister Lucas Papademos said his immediate priority is securing the payment of an 8 billion-euro loan installment under a previous 110 billion-euro European Union-led rescue, while Mario Monti, Italy's premier-in-waiting, faced political resistance on forming a Cabinet as his market honeymoon turned sour, with Italian yields surging amid concern he'll struggle to tame Europe's sovereign-debt crisis. Nicole Itano reports on Bloomberg Television's "Countdown" with Owen Thomas. (Source: Bloomberg)


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