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Italy election: Europe jitters over result deadlock
BBC ^ | 02/26/2013

Posted on 02/26/2013 6:28:16 AM PST by SeekAndFind

European politicians and markets have reacted anxiously after Italy's general election produced a stalemate between centre-right and centre-left blocs.

France and Germany urged continued reform, while Spain described the result as a "jump to nowhere".

Italian markets fell sharply while others in Europe and around the world opened down.

Centre-right leader Silvio Berlusconi said fresh elections should be avoided, and called for a period of reflection.

The BBC's Alan Johnston in Rome says he was hinting at the possibility of considering what would be a very awkward alliance with his opponents on the centre-left.

With all domestic votes counted, Pier Luigi Bersani's centre-left bloc won the lower house vote but has failed to secure a majority in the Senate. Control of both houses is needed to govern.

A protest movement led by comedian Beppe Grillo won 25%, but the centrist bloc led by current Prime Minister Mario Monti came a poor fourth, with about 10%.

The outcome of the election, which comes amid a deep recession and tough austerity measures, was so close between the two main blocs that the margin of victory given in interior ministry figures was less than 1% in both houses of parliament.

(Excerpt) Read more at ...

TOPICS: News/Current Events
KEYWORDS: deadlock; elections; italy

1 posted on 02/26/2013 6:28:26 AM PST by SeekAndFind
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To: SeekAndFind

I love it when Socialists Shiite in their pants!

2 posted on 02/26/2013 7:40:43 AM PST by Cowboy Bob (Soon the "invisible hand" will press the economic "reset" button.)
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To: Cowboy Bob

It’s probably going to be a few weeks or maybe even over a month of horse trading and if no satisfactory result occurs, another election will loom.

I really pity the Italians when their “conservative” party is the one led by Mr. Bunga Bunga himself — the senior who still acts like a drunken teenager — Silvio Berlusconi.

3 posted on 02/26/2013 7:43:26 AM PST by SeekAndFind
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