Arab Today, arab today italy suffers market jitters as risk of government crisis grows
Last Updated : GMT 19:11:29
Arab Today, arab today
Arab Today, arab today

Italy suffers market jitters as risk of government crisis grows

Arab Today, arab today

Arab Today, arab today Italy suffers market jitters as risk of government crisis grows

Rome - SPA

Markets reacted nervously on Monday as Italy\'s fragile left-right coalition government appeared on the brink of collapse over former premier Silvio Berlusconi\'s legal woes, dpa reported. The main index on the Milan stock exchange ended the day\'s trading down by 2.1 per cent. Berlusconi\'s family firm, Mediaset, suffered from the worst single drop, shedding more than 6 per cent of its value. Earlier this month, Berlusconi was sentenced on final appeal to four years\' imprisonment, with a three-year remit, for tax fraud. His supporters say they will bring down the government unless a way is found for their leader to keep his Senate seat. They have to work around a probity law that says people convicted to more than two years\' imprisonment cannot sit in parliament. Berlusconi was also handed down a public office ban, but a lower court has yet to say how long it should last. The centre-left Democratic Party (PD), which is part of the ruling alliance with Berlusconi\'s People of Freedom (PDL), has so far refused to find loopholes that might save the former premier\'s political career. Berlusconi\'s party has threatened to walk out of the coalition unless the levy is scrapped completely. Several government ministers have warned that it would be too expensive, and have suggested keeping the tax in place for wealthy homeowners. Amid the uncertainty about his willingness to force a political crisis, Berlusconi issued a statement urging his backers \"not to issue statements and interviews\" that could heighten political tensions and threaten the PDL\'s party unity.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy suffers market jitters as risk of government crisis grows Arab Today, arab today italy suffers market jitters as risk of government crisis grows

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy suffers market jitters as risk of government crisis grows Arab Today, arab today italy suffers market jitters as risk of government crisis grows

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday