Giovedì, 20 Settembre 2018

Pundits warn next week's Italy elections might not stand


Milan, February 18 - Pundits are warning that
without a strong government emerging from next week's national
election, another campaign could soon follow.
"The most likely scenario is new elections in the short
term," says a report from Mediobanca Banking Group analyst
Antonio Guglielmi in London.
"With the elections approaching, uncertainty increases".
With several major parties dividing the vote, some analysts
fear that former premier Silvio Berlusconi may draw enough
support to form a coalition and undo many of the economic and
fiscal reforms implemented by caretaker Premier Mario Monti.
However, the last polls allowed under campaign law
suggested Pier Luigi Bersani's Democratic Party (PD) was leading
in the days heading into the national vote next Sunday and
If that proves to be the case, the PD could find itself in
a short-lived coalition, warned Financial Times columnist
Wolfgang Munchau.
In a column Monday, Munchau suggested that Bersani would
likely need a broad coalition to govern, bringing together
conservative forces under Monti as well as left-wing and
reformist politicians such as the Left Ecology Freedom (SEL)
party founded by Nichi Vendola.
Such a unlikely coalition, wrote Munchau, is doomed to the
same fate as that of former premier Romano Prodi, who governed
for less than two years with a similarly disparate coalition
elected in 2006.
"So this is the dynamic one week before the elections,"
writes Munchau.
"The likely outcome is a fractious majority of the
centre-left, and an anti-austerity, possibly anti-euro right,
likely to unite in opposition".

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