Italy, the eurozone's third largest economy, is in political turmoil after the two populist parties Five Star Movement (M5S) and Lega were blocked from forming a government.
The crisis caused its biggest market sell-off in years with the euro falling to a 10 month low against the dollar today.
Chaos unfolded on Monday when President Sergio Mattarella prevented the populist coalition from forming an obscure, anti European alliance by vetoing the appointment of anti-euro professor Paolo Savona as Ministry of the Economy.
Instead Mr Mattarella asked former International Monetary Fund official and europhile, Carlo Cottarelli, to form an interim government of technocrats.
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But Mr Mattarella could choose to skip the appointment of a technocratic government, which would mean Italy is headed for a second election, likely to boost the popularity of the populist parties, Five Star and Lega.
Another election is likely to turn into a vote of Italy’s confidence in the eurozone.
And the latest Ipsos opinion poll has only fuelled predictions that Mr Mattarella’s intervention will see populists gain a bigger share of the vote, casting doubt on Italy's future in the eurozone.
The poll published this morning showed support for the right-wing Lega party up eight per cent to 25.4 per cent compared to its result during the March 4 elections.
The IPSOS poll in the Corriere della Sera newspaper also showed support for the Five-Star Movement holding steady at around 32.6 per cent.
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