Italy in political deadlock

Italian President Giorgio Napolitano’s efforts to form a government remain fruitless after February’s election results. No party achieved a majority in Parliament.

The President held a meeting with political leaders on 20 March, declaring it “an absolute necessity to give the country a government”. Pier Lugi Bersani’s Democratic Party gained 29.5% of the vote in the lower house.

While he commands the largest bloc, he cannot form a government without a coalition.

Bersani has refused the helping hand of former PM Silvio Berlusconi’s centre right party, which was a close second at 29.1%. Comedian Beppe Grillo and his 5-Star Movement could solve the puzzle.

If no agreement can be reached, Italy will keep its provisional government until new elections are scheduled.

With a record unemployment rate of 11.7% (according to ISTAT) and over €2 trillion in debt, the stalemate spurred anxiety among Italian businesses and European partners.

Share This Post

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone