Global Politics

No Winner in Italian Election, at Critical Time

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Counting votes by hand, at a polling station in Rome. (Photo: Reuters/Yara Nardi)

Italy's economic future looks uncertain as the country counts the votes from its general election.

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Italy faces ongoing economic and fiscal crises that could threaten the stability of the eurozone, and perhaps impact the global economy.

But any hope that the election would show a clear way forward seems dashed.

No political bloc looks set to command a majority in the new Italian parliament.

That means instability, and possibly even a new set of elections in a few months' time.

It's a complete and utter mess.

One surprise is the success of a "throw-the-bums-out" movement, led by a former comedian, Beppe Grillo.

It looks set to win 25 percent in both houses of parliament.

But what is their agenda? Who knows?

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