EU urges Italy to form ‘stable’ government after elections

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 After national elections have left Italy severely divided, Brussels on Tuesday expressed its concern over the potential political deadlock that might lead the country to further instability.

‘The election in Italy has for sure very difficult results for the country also for the European Union as whole. We need a stable government in one of the most important Member states of the European Union. Italy is a G8 country, it is the 4th economy within the European Union, one of the pillars of the Euro zone, so what happens in Italy affects all of us’, said European Parliament’s President Martin Schulz.

Bersani’s centre-left bloc won the lower house vote but failed to secure a majority in the Senate. Centre-right Silvio Berlusconi, a former three time Prime minister in Italy, was the second strongest force.

Under Italian law, control of both houses is needed to govern.

As strong coalitions are unlikely to emerge, Italy might head towards new elections in the upcoming months.

‘The attempt that all political and democratic forces in the country should try to find a way of dialogue to check where are various cooperation possible, where are agreements possible, also to check where are disagreements, this is what is necessary now in the next coming days and weeks. I hope that Italy will find a way to stability in both of the Chambers of the Italian Parliament, we need, I repeat it a stable situation in the country and this is also an appeal to all the political forces’, said European Parliament’s President Martin Schulz

The surprise came with The 5-Star Movement group, a protest party led by ex-comedian Beppe Grillo that managed to win 25% of the votes.

But former Prime Minister, technocrat Mario Monti, whose tough austerity measures proved very unpopular amongst Italians, only took 10%.

‘I take it very serious that a lot of Italian people expressed a kind of protest against those measures that are taken in Italy publicly in debate as measure of European Union’, said European Parliament’s President Martin Schulz.

Already on Tuesday, the Italian financial market fell and state borrowing costs rose amid the unstable political situation in the country.

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