"Italian government could collapse as soon as 2014"

From City A.M:

Former comedian turned politician Beppe Grillo has said Italy is  “heading towards an economic catastrophe” and said another election  should be called if Enrico Letta’s government cannot sort out the country quickly

Meanwhile, analysts at Societe Generale have forecast Italy’s GDP to contract by 0.5 per cent in the second quarter of the year. They add  that concern remains that the current government will have a short shelf  life, and could consider calling an election as soon as 2014.

Grillo is the leader of Italy’s Five Star movement, and won considerable support at the general elections earlier this year. Prime  minister Letta is a member of the Democratic Party (PD), which is  serving in a coalition with the Freedom People (PdL) movement....MORE