Renzi to abstain in confidence vote on Italian government

The head of the party Italia Viva, Matteo Renzi, said he would abstain in a vote of confidence in parliament, after his party precipitated a government crisis in Italy by withdrawing from the ruling coalition. “I will abstain,” former prime minister Renzi told daily La Stampa in an interview on Friday regarding a possible confidence vote next week. Prime Minister Giuseppe Conte is due to address parliament regarding the ongoing crisis on Monday and Tuesday. Italian media speculated that Conte is keen to avoid new elections. He is therefore likely to ask for a vote of confidence and try to find…

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HEDGE accordingly