Italy's government at risk of collapse: reports (by Polya Lesova)
LONDON (MarketWatch) -- The coalition government of Italian Prime Minister Silvio Berlusconi could collapse because of disagreements over reform measures demanded by the European Union, Northern League leader Umberto Bossi said Tuesday, according to media reports. Bossi's party, a partner in Berlusconi's government, opposes proposals to raise the retirement age to 67 years, reports said. The news comes just as euro-zone leaders are preparing to convene in Brussels on Wednesday to present a package of measures to deal with the sovereign debt crisis. In Milan, the FTSE MIB index fell 1.2% to 16,033.