Inconclusive election result creates a dangerous mess in Italy

The indecisive results of Italy's recent election have threatened to reignite the crisis engulfing the eurozone.

"Italia ingovernabile", declared a headline in La Repubblica on Tuesday. No change there, then. There have been more than 60 elections in Italy since 1945. But the latest one has produced "a dangerous mess", as Economist.com puts it. Stocks slid worldwide and Italian ten-year bond yields jumped by more than 0.4 percentage points as a hung parliament threatened to reignite the euro crisis.

Political stalemate

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