Sunday July 5, 2020

Inconclusive Italian elections trigger market jitters

The election result may lead President Giorgio Napolitano to install an interim government, such as the one headed by Monti.

26th February, 2013
Former Premier Silvio Berlusconi exits a booth as he votes in a polling station in Milan, Italy, on Feb. 24, 2013.

Italy\\\'s inconclusive election triggered renewed market jitters over Europe’s debt crisis as recession-scarred voters repudiated budget rigour and established former comedian Beppe Grillo as a political force.

In the four-way race, pre-election favorite Pier Luigi Bersani won the lower house by less than a half a point. Silvio Berlusconi, the former premier fighting a tax-fraud conviction and charges of paying a minor for sex, called for a recount and won a blocking...

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