Berlusconi's party again threaten to withdraw from government

|By:, SA News Editor

Members of Silvio Berlusconi's center-right PDL party have again threatened to bring down the ruling coalition, of which the group is a member, if the Senate votes to expel the former prime minister following his conviction for tax fraud.

A vote is due next month.

The political uncertainty has hit Italian stocks (EWI), which are -1.8%. Ten-year bond yields (ITLY, ITLT) are +5 bps at 4.38%.