Thursday, December 06, 2012 8:11 am
Berlusconi party abstains in gov't confidence vote
The Associated Press
Though the government won the vote Thursday by 127 to 17, investors feared the move may herald a period of political uncertainty in the run-up to planned elections next year.
The Milan stock exchange fell sharply with the benchmark FTSE MIB trading 1 percent lower at 15,795.
Political parties are gearing up for elections next year to replace Monti's year-old government.
Berlusconi has been hinting at a comeback, after earlier saying he would leave the party to a younger candidate. The center-left has been energized by a lively primary that saw party secretary Pier Luigi Bersani win the nomination.