The Wall Street Journal: Italy’s president dissolves parliament, calls for March elections

ROME — Italy’s President Sergio Mattarella dissolved parliament Thursday and called elections for early March, a vote that will highlight the economic and political problems still stalking Europe and the country’s role as the weakest flank in the currency union.

The vote — the latest in a series of momentous elections in Europe — will be in line with the overwhelming trends of 2017, featuring a fractured electorate, continued pressure from populist movements and predictions of a struggle to form a cohesive government.

But for many European leaders, Italy remains the most worrisome spot in the eurozone, given the huge size of its public sector debt, its weak banks and poor competitiveness.

The elections, set for March 4, aren’t likely to put those concerns to rest, as the center-left tries to fend off a populist upstart and the return of Silvio Berlusconi, the 81-year-old whose political rebirth is further shaking up politics. The 5 Star Movement — the anti-establishment group that stormed Italian politics during the crisis on popular anger with legacy politicians — could win about 30% of the vote.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

House committee unites to clamp down in Indian firms’ use of H-1B visas.

How Ivanka Trump is a walking billboard for her namesake fashion business.

Filed in: Top News Tags: 

You might like:

Futures Movers: Oil bounces back from weekly decline Futures Movers: Oil bounces back from weekly decline
Market Snapshot: Stock market poised to edge lower in the wake of worst start to December since 1980 Market Snapshot: Stock market poised to edge lower in the wake of worst start to December since 1980
Google joins Amazon, Apple with major push for operations outside the West Coast Google joins Amazon, Apple with major push for operations outside the West Coast
Currencies: Dollar heads lower at start of busy central bank policy week Currencies: Dollar heads lower at start of busy central bank policy week
Gifts That Pay Off: This crafty gift can save you money, help you start your own business, or just make a T-shirt Gifts That Pay Off: This crafty gift can save you money, help you start your own business, or just make a T-shirt
Peter Morici: GM shareholders — not Trump— should be calling for Barra’s head Peter Morici: GM shareholders — not Trump— should be calling for Barra’s head
Tax Guy: The new tax law is nothing but good news for married couples with larger estates Tax Guy: The new tax law is nothing but good news for married couples with larger estates
Love & Money: How long-distance love can survive — without breaking the bank Love & Money: How long-distance love can survive — without breaking the bank

Leave a Reply

Submit Comment
© 2018 Stock Investors News. All rights reserved. XHTML / CSS Valid.