Amount

Italy's election mess won't knock out Europe

Posted by Forexsq 86 days ago (http://money.cnn.com)

Italy is poised for months of political uncertainty and a new election within a year as it deals with the inconclusive outcome of this week's vote. But as long as an interim government leaves previous reforms in place, it's unlikely to tip Europe back into crisis.

Italian voters delivered a shock late Monday, handing a narrow victory to the center-left coalition of Pier Luigi Bersani in the lower house but backing populist anti-austerity campaigns led by former Prime Minister Silvio Berlusconi and comedian Beppe Grillo in greater numbers than expected, creating a hung parliament in th
- See more at: http://money.cnn.com/2013/02/26/news/economy/italy-election-europe/index.html?iid=Lead#sthash.7L39wOev.dpuf