Meet the new boss: same as the old boss:
- ITALIAN PARLIAMENT VOTING ON BUDGET MEASURE
- ITALY'S BERLUSCONI WINS BUDGET VOTE AFTER OPPOSITION ABSTAINS WITH 308 VOTES IN 630 SEAT PARLIAMENT
- BERLUSCONI WINS BUDGET VOTE WITHOUT ABSOLUTE MAJORITY
- BERLUSCONI WINS VOTE BUDGET VOTE
What is notable is that Berlusconi has now lost his majority. Sure enough:
- ITALY'S BERSANI CALLS ON BERLUSCONI TO RESIGN
What this means is not quite clear but the EURUSD is not too happy for now.