Flash: Italian political instability intensified - Danske Bank

FXstreet.com (Barcelona) - Danske Bank analysts note that Italian political uncertainty has also intensified after Berlusconi’s People of Freedom Party (PFP) withdrew its five ministers from the government this weekend.

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“Prime Minister Letta has indicated that he will ask the parliament for a vote of confidence in the government on Wednesday and it is possible that the government will be able to survive as many PFP members have expressed disaffection with Berlusconi’s move during the weekend.”