Members of Silvio Berlusconi’s center-right party on Sunday openly warned they would bring down the government if their center-left coalition allies voted next month to expel the former prime minister from parliament.
Relations between Berlusconi’s People of Freedom (PDL) party and Prime Minister Enrico Letta’s Democratic Party (PD) are close to breaking point ahead of the vote in the Senate on whether to expel the 76-year-old over his tax fraud conviction.
“Early elections will be inevitable if the PD votes to remove Berlusconi and in the case that President (Giorgio) Napolitano decides that no other viable majorities exist,” PDL Senator Sandro Bondi told Corriere della Sera after a party summit on Saturday.
Bondi, a close ally of Berlusconi, said the PDL had agreed at the meeting to withdraw their ministers from the government if the billionaire loses his place as a senator, and that they were ready to return to elections with the media mogul as their prime ministerial candidate.
via CNBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.