CEI Podcast For February 28, 2013: Italy’s Troubling Election Results
The results of Italy’s general election were announced this week, setting markets on edge across the Eurozone. For all intents and purposes, Italy is without a government. There is no clear majority in the parliament’s upper house, and former comedian Beppe Grillo’s populist Five Star Movement captured a quarter of the vote. Warren Brookes Fellow Matthew Melchiorre finds the outcome surprising, as well as troubling.