Milan

Milan bourse plunges 3% after Monti says will quit

Berlusconi's party stopped backing government

Milan bourse plunges 3% after Monti says will quit

Milan, December 10 - The Milan stock exchange's FTSE Mib index shed 3.1% in early trading on Monday with respect to Friday's close, dropping to 15,210 points, after Premier Mario Monti said at the weekend he would resign when the 2013 budget law is approved. The move came after ex-premier Silvio Berlusconi's PdL said it had stopped backing the government.

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