Europe views Italian political turmoil with alarm

[…] Policy makers foresee serious consequences: Italy’s credibility had greatly improved in recent months, it had regained its rightful position in Europe. If Italy engages in a new period of instability that will make it much more difficult to solve the euro crisis,” warned the president of the World Policy Conference, Thierry de Montbrial. Monti’s decision came after Silvio Berlusconi’s party withdrew its support; The former prime minister is even considering making a comeback. […]