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. ...
11:50 AM, Feb 27, 2013
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...
02:28 PM, Feb 26, 2013
The voting in Italian elections finished on Monday. As counting is on, indications are that none of the two alliances will be able to form a government. While sources say that this is normal in Italy, the deadlock could mean that the fate of AgustaWestland hangs in balance. AgustaWestland is at the centre of the chopper deal controversy involving Indian defence officers. ...
07:47 AM, Feb 26, 2013
Italian caretaker Prime Minister Mario Monti indicated in a newspaper interview published on Sunday that he would probably not stand in a February election but would try to convince the winner to complete the reforms his government has begun. Monti, who is expected to end weeks of speculation about his political future told La Repubblica daily he would use it to present a list of reforms that the next government...
06:55 PM, Dec 23, 2012
