Italian PM Silvio Berlusconi is facing growing calls to resign from PM seat, after apparently losing his majority in the lower house of parliament.
He won a budget vote, but got votes of less than half of MPs.
After the vote, opposition leader Pierluigi Bersani urged him to resign. Allies including the Northern League had already said he should resign.
Borrowing rates have shot up in recent days, raising concerns over whether Italy can service its debts.
While Italy's deficit is relatively low, investors are concerned that the combination of Italy's low growth rate and 1.9tn euro (£1.63tn; $2.6tn) debt could make it the next country to down in the eurozone debt crisis.
The European commissioner for economic affairs Ollie Rehn said the country's economic and financial situation as "very worrying".
Rival demonstrators gathered outside parliament, some shouting "Resign", others "We are not Greece".
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