This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-24328353

The article has changed 8 times. There is an RSS feed of changes available.

Version 0 Version 1
Italy's political crisis hits the financial markets Italy's political crisis hits the financial markets
(34 minutes later)
The financial markets have been rattled by Italy's deepening political crisis.The financial markets have been rattled by Italy's deepening political crisis.
Italian shares fell more than 2% and the euro fell to the lowest level since June against the Swiss Franc.
Italy's 10-year bond yield - an indication of how much the government has to pay to borrow money - rose as high as 4.66%, the highest level in more than 3 months.Italy's 10-year bond yield - an indication of how much the government has to pay to borrow money - rose as high as 4.66%, the highest level in more than 3 months.
The euro fell to 1.2218 against the Swiss franc, the lowest level since late June.
Prime Minister Enrico Letta plans to hold a confidence vote on Wednesday, to seek the backing of Italy's parliament.Prime Minister Enrico Letta plans to hold a confidence vote on Wednesday, to seek the backing of Italy's parliament.
He was forced to make that move after five ministers from Silvio Berlusconi's party stepped down at the weekend.He was forced to make that move after five ministers from Silvio Berlusconi's party stepped down at the weekend.
But those ministers have now given mixed signals as to whether they are actually leaving the government.But those ministers have now given mixed signals as to whether they are actually leaving the government.
After meeting the prime minister, President Napolitano said the rebel ministers' position had led to a "climate of evident uncertainty regarding possible developments". The crisis follows weeks of worsening ties between Berlusconi's party and Mr Letta's grouping.
Berlusconi's People of Freedom (PDL) objects to a planned increase in sales tax, which is part of wider government policy to reduce big public debts.
The Italian economy is in a dire state.
It is forecast to shrink by 1.4% this year according to the national statistics agency.
The agency also estimates that unemployment will reach a record high of 12.3% next year.