Italy Elections

Parties may struggle to form government in Italy

A center-left group of parties appears to have the best shot at forming a coalition government in Italy after an inconclusive national election, but the challenge is steep and comes amid public anger over austerity measures. If Italian parties fail to form a governing coalition, new elections would be required, causing more uncertainty and a leadership vacuum, and that possibility has rattled financial markets across Europe. ...  

Italy's Berlusconi hints open to alliance with center-left

Former Prime Minister Silvio Berlusconi on Tuesday indicated he was open to an alliance between his center-right coalition and the center-left group that won most seats in Italy's parliamentary election. ...  

Italy faces political deadlock after election results

Italy faced political deadlock on Tuesday after a stunning election that saw the anti-establishment Five-Star Movement of comic Beppe Grillo become the strongest party in the country but left no group with a clear majority in parliament. "The winner is: Ingovernability" was the headline in Rome newspaper Il Messaggero, reflecting the stalemate the country would have to confront in the next few weeks as sworn enemies would be forced to...  

Global markets decline on deadlocked Italy election

Asian shares took their lead from overnight plunges in global equities to fall on Tuesday as an apparently inconclusive election outcome in Italy raised fears of a resurgent euro zone debt crisis. Italy's centre-left coalition will win a majority in the lower house of parliament but the upper house will be deadlocked, the Interior Ministry said on Tuesday after almost all votes were counted. No party or coalition won a...  

Wall Street trips and falls on cloudy Italian election

Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy. The decline marks the biggest percentage drop for the benchmark Standard & Poor's 500 Index since November 7, and drove the S&P down to its lowest close since January 18. The CBOE Volatility...  

Italy elections: Ex-comedian Beppe Grillo could be surprise winner, say exit polls

Projections have suggested that Grillo's Five Star Movement could get more votes than any other party. ...

Tainted chopper deal: Italian media plays down case

With elections just weeks away, the Italian media has begun playing down the AgustaWestland chopper deal that led to the arrest of Finmeccanica boss Giuseppe Orsi. ...

Berlusconi sweeps back to power in Italy election

Cricket analyst Sanjay Manjrekar feels that India will get their highest score of the series in the Adelaide Test. ...