Milan

Milan bourse sinks 2% over fears of govt collapse

Spread at 246, PdL threatens govt crisis over Berlusconi ouster

Milan bourse sinks 2% over fears of govt collapse

(see related) Milan, August 26 - The Milan bourse plunged 2% in early trading Monday over fears of a government collapse. The spread, which climbed to 246 basis points, also reflected investor concerns over convicted ex-premier Silvio Berlusconi's center-right People of Freedom (PdL) party threatening to topple the government over his pending Senate ouster for tax fraud.

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