Italy may be headed for deadlock, with implications for eurozone

02/25/2013 | Reuters

With two-thirds of the vote counted in Italy's national elections, it appeared a deadlocked government would be the most probable result, possibly reigniting the eurozone crisis. The pro-austerity center-left coalition was maintaining a slight advantage in the lower house of parliament, but no clear majority appeared likely to emerge in the Senate. "These projections suggest that we are heading for an ungovernable situation," said Mario Secchi, a candidate for outgoing technocrat Prime Minister Mario Monti's centrist movement.

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