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MAR 08, 2013 - Yahoo! News

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Merkel ally says Italy must decide if it stays in euro

BERLIN (Reuters) - Italy may decide to exit the euro or take other drastic action, a leader of German Chancellor Angela Merkel's junior coalition partners said after an Italian election showed rising opposition to austerity measures. Financial markets have been on tenterhooks since the election less than two weeks ago in which the center left won a majority in Italy's lower house of parliament but failed to gain the Senate majority it would need to govern. "The decision to adjust to the common currency is one that Italy has to take for itself, it's not for us to take. ...

Tags: Merkel ally says Italy must decide if it stays in euro,  Italy Election Latest News