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Will Italy's Political Drama End Tuesday?
Started:November 8th, 2011 (06:10 AM) by Quick Summary Views / Replies:183 / 0
Last Reply:November 8th, 2011 (06:10 AM) Attachments:0

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Will Italy's Political Drama End Tuesday?

Old November 8th, 2011, 06:10 AM   #1 (permalink)
Quick Summary
Will Italy's Political Drama End Tuesday?

By Marc Chandler:The Italian Chamber of Deputies will vote on a minor formality regarding last year's budget report on Tuesday around 14:30 GMT (9:30 EDT), but it holds within it the potential to topple the second eurozone prime minister in less than a week.

Greek Prime Minister Papandreou has stepped down in favor of a national unity government which has yet to be named. If Italy's ruling coalition does not secure a simple majority in the 630-seat chamber, the Berlusconi government will collapse. Last month, a confidence vote, which is a parliamentary tactic used to enforce discipline, just passed with the minimum of 316 votes.

However, in recent days, three MPs have defected and another six have openly called for Berlusconi's resignation. It is not clear that Berlusconi can pull it off or at what cost. If he fails, the opposition has reportedly indicated that it is prepared to call for a

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