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Italy's Berlusconi at mercy of party rebels, markets

From reuters.com

Italian Prime Minister Silvio Berlusconi has one day left to win over waverers and see off a group of party rebels threatening to bring down his government in a backlash over its failure to adopt reforms to defuse a dangerous debt crisis. Estimates vary widely over how many centre-right deputies will jump ship in a crunch vote on public finance in the Chamber of Deputies (parliament) on Tuesday. Berlusconi's message to potential "traitors" is clear: you have nowhere else to go and you will be rewarded if you stay. The scandal-ridden 75-year-old media tycoon has defied all calls to step down and is adamant that he ... (full story)

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