Berlusconi urged to quit as bond yields climb


ROME (Reuters) - A prominent Italian businessman called on Prime Minister Silvio Berlusconi to resign on Monday, as Italian bond yields rose nearly to August levels, indicating concern that problems in the euro zone's third largest economy could threaten the whole bloc.

Luca Cordero di Montezemolo, chairman of sports car maker Ferrari, said in a letter to the daily La Repubblica that Italy had reached "the point of no return" and urged Berlusconi to make way for a government of national unity.

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