(from reuters.com source Barry Moody:)
“CHAOTIC … However, both President Giorgio Napolitano, who dragged the parties into a coalition in April after a two-month crisis that followed inconclusive elections, and Letta himself are adamant that Italy cannot afford more instability as it struggles to climb out of its worst postwar recession. Both of the major parties may also be reluctant to precipitate an election whose result could be even more chaotic than the February vote and boost support for the populist 5-Star Movement of comedian Beppe Grillo. Berlusconi has for months kept his hawks on a tight leash, saying the government must continue.”
Situation on the blade of the razor as usual, the world markets can only hope on the wisdom of the court, since the possibility of the country falling off a cliff, is quite real at this stage.