SINGAPORE (Mar 26): Last year, Emmanuel Macron and his La République En Marche party won the French elections decisively. Alas, also last year, the German elections led to months of negotiations and an uneasy coalition formed a government led by Angela Merkel, who is now into her fourth term as German Chancellor. The Italian elections, which took place on March 4, had no clear winner, and no coalition has yet been formed.

Italy has had more than 60 governments in the 74 years since the end of World War II. For Asian observers, the Italian election appears singularly confusing. After the March 4 elections, Italy has no party that amassed enough votes to form a government on its own. Talks are underway between various parties, and this could lead to weeks of political instability while government negotiations are happening.

The party that won the most seats was the left-of-centre Five-Star Movement, which tripled its number of members of Parliament and became the single biggest party, with a 31% share of the vote. The share of the vote of the Demo cratic Party — led by former prime minister Mateo Renzi and that has run the government since 2013 — fell, and it garnered only 18.9% of the vote. The far-right Lega or League won 13.6% of the vote, doubling its share of the vote. Former prime minister Silvio Berlusconi’s Forza Italia, a centre-right party, lost the most votes and accounted for just 13.9% of the vote.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook