Thursday, December 06, 2012 1:21 pm
News Summary: Monti government under fire
By The Associated Press
SITTING OUT: Berlusconi's center-right PDL party abstained from a confidence vote in the Senate on Thursday. Though Monti's government won the vote by 127 to 17, investors fear the move heralds a period of political uncertainty in the run-up to planned elections next year.
THE BACKGROUND: Many credit Monti with bringing back some investor confidence in the country, pulling it back from the edge of financial disaster it was teetering on last year.