Umberto Bossi, head of the Berlusconi’s main coalition partner “Northern League” party, has called on Silvio Berlusconi to resign. According to DJ, he even offered a replacement: Angelino Alfano. This happens as the main opposition party decided to abstain in a vote preceding a potential vote of confidence. 5 or 6 members of Berlusconi’s PDL party don’t intend to support the government. Yesterday, Berlusconi denied talk about his imminent resignation, but his choices are becoming very limited. Italian yields, for 1,2, 5 and 10 years remain at unsustainable levels. 10 year yields are at around 6.6%. At these levels ... (full story)