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Italy Unable to Form Government
Keywords:
The collapse of Italy's leading candidate for prime minister in April 2013- Pier Luigi Bersani
12/10/2012
Bersani's PD party leads with about 35% of the vote in polls before elections on Feb 24-25, 2013. A coalition government with centrist parties led by Mario Monti, whose support ranges from 10-14% is one of the possible scenarios. Austerity measures taken by the Monti government in 2012 have adversely affected its support. The business community in Italy and the EU countries support Monti, because of his credibility with financial markets and the need to keep Italy's borrowing costs low.
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