Italian industry leader worried about political situation

PD, PdL delay showdown over Berlusconi's Senate status

Italian industry leader worried about political situation

Rome, September 11 - The head of Italian industrial employers' confederation Confindustria on Wednesday expressed concern about the country's political situation, with Premier Enrico Letta's left-right government seen in danger of collapsing. Letta's centre-left Democratic Party (PD) and Silvio Berlusconi's centre-right People of Freedom (PdL) party on Monday delayed a vote on a Senate panel regarding a move to strip the three-time premier of his parliamentary seat after a tax-fraud conviction was made definitive by the supreme court last month. But the showdown has only been put off and the PdL has threatened it will withdraw its support from Letta's grand-coalition executive and sink the government if the PD makes good its intention to vote for Berlusconi to be ejected from the Upper House. "Above all, there is a need for stability," Confindustria President Giorgio Squinzi said. "The situation is very worrying". Squinzi is concerned a government crisis will set back the Italian economy just as it shows signs of emerging from its longest recession in over two decades.

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