Empresas y finanzas

Italy lower house rejects motion of no-confidence in minister

ROME (Reuters) - Italy's lower house of parliament on Friday rejected a bid to oust one of Prime Minister Matteo Renzi's closest allies over an alleged conflict of interests in a banking scandal.

The Chamber of Deputies voted 373 to 129 against the motion of no-confidence in Reforms Minister Maria Elena Boschi, which was presented by the anti-establishment 5-Star Movement following the collapse and subsequent rescue of four banks.

The centre-right opposition has said it will present a no-confidence motion against the entire government next week over the salvage scheme, which wiped out the savings of thousands of retail investors.

(Reporting By Gavin Jones; Editing by Crispian Balmer)

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