US MBA Mortgage Applications: -3.8% in Feb 22 from -1.7%

Yesterday, Bersani called on all his opponents, including Berlusconi, to back a five-point program of political reform, easing of austerity and job promotion. Angelino Alfano, of Berlusconi's centre-right People of Liberty party, indicated that weeks of tough negotiations lie ahead before a new government takes office, possibly in late March.