What’s the story and why does it matter?
Europe’s fourth largest economy goes to the polls on Sunday 4 March under a new and untested electoral law, for a general election that most observers believe will result in a hung parliament with no outright winner.
With a €2.3tn debt load representing 135% of its GDP and more than 20% of the eurozone’s total, persistent deficits, a still-stagnant economy, decidedly shaky banks and populism irrupting into its politics, Italy is seen as a risk not just to itself but to the EU – even if some parties’ earlier calls for a euro exit have faded.
What are your hopes for Italy's election?
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The Five Star Movement, led by 31-year-old Luigi Di Maio, is polling as the largest single party while a coalition of rightwing parties assembled by the 81-year-old Silvio Berlusconi, including his own Forza Italia and some further right groups, is close to 10 points ahead.
But with 30 to 40% of voters still undecided, the final outcome is highly unpredictable – and an inconclusive one will only add to the instability.
Negotiations to form a government are expected to be tricky and could well produce a weak, unstable left-right coalition incapable of passing major legislation or pushing through the structural reforms many feel Italy needs.
Source :- theguardian
Europe’s fourth largest economy goes to the polls on Sunday 4 March under a new and untested electoral law, for a general election that most observers believe will result in a hung parliament with no outright winner.
With a €2.3tn debt load representing 135% of its GDP and more than 20% of the eurozone’s total, persistent deficits, a still-stagnant economy, decidedly shaky banks and populism irrupting into its politics, Italy is seen as a risk not just to itself but to the EU – even if some parties’ earlier calls for a euro exit have faded.
What are your hopes for Italy's election?
Read more
The Five Star Movement, led by 31-year-old Luigi Di Maio, is polling as the largest single party while a coalition of rightwing parties assembled by the 81-year-old Silvio Berlusconi, including his own Forza Italia and some further right groups, is close to 10 points ahead.
But with 30 to 40% of voters still undecided, the final outcome is highly unpredictable – and an inconclusive one will only add to the instability.
Negotiations to form a government are expected to be tricky and could well produce a weak, unstable left-right coalition incapable of passing major legislation or pushing through the structural reforms many feel Italy needs.
Source :- theguardian
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