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Huge protest vote pushes Italy towards deadlock

Canada Goose Jackets ROME (Reuters) A huge protest vote by canada goose uk shop Italians enraged by economic hardship and political corruption pushed the country towards deadlock after an election on Monday, with voting projections showing no coalition strong enough to form a government. Canada Goose Jackets

With more than two thirds of the vote counted, cheap Canada Goose the projections suggested the center left could have a slim lead in the race for the lower house of parliament.

But no party or likely coalition appeared likely to be able to form a majority in the upper house or Senate, creating a deadlocked parliament the opposite of the stable Canada Goose Online result that Italy desperately needs to tackle a deep recession, rising unemployment and canada goose sale a massive public debt.

canada goose deals Such an outcome has the potential to revive fears over the euro zone debt crisis, with prospects of a long period of uncertainty in the zone third largest economy. canada goose deals

buy canada goose jacket Italian financial markets took fright after rising earlier on hopes uk canada goose for a stable and strong center left led government, probably backed by outgoing technocrat premier Mario Monti. buy canada goose jacket

The projected result was a stunning success for canada goose uk black friday Genoese comic Beppe Grillo, leader of the populist 5 Star Movement, canada goose coats who toured Canada Goose sale the country in his first national election campaign hurling obscenity laced insults against a discredited political class.

cheap Canada Goose With vague election promises and a team Canada Goose Outlet of almost totally unknown candidates, the shaggy haired comedian channeled pure public anger against what many see as a sclerotic and useless political system. cheap Canada Goose

canada goose store The likely result was canada goose store also canada goose a humiliating slap in the face for colorless center left leader Pier Luigi Bersani, who appeared to have thrown away a 10 point opinion poll lead less than two months ago against Silvio Berlusconi center right. canada goose store

canada goose clearance sale Berlusconi, 76, who staged an extraordinary comeback from sex and corruption scandals since diving into the buy canada goose jacket cheap campaign in December, appeared to be leading in the Senate race, but Grillo projected bloc of Canada Goose online Senators would leave him well short of canada goose clearance sale a majority. canada goose clearance sale

Canada Goose Outlet Projections gave Bersani center left alliance a lead of less than one percentage point in the lower house. The latest projection from RAI state Canada Goose Parka television showed Berlusconi bloc winning 112 Senate seats, the center left 105 and Grillo 64, with Monti languishing on only 20 after a failed campaign which never took off. The Senate majority is 158. Canada Goose Outlet

canada goose coats on sale Berlusconi, a master politician and communicator, wooed voters with a blitz of television appearances and promises to refund a hated housing tax despite accusations from opponents that this was an impossible vote buying trick. canada goose coats on sale

buy canada goose jacket cheap Grillo has attacked all sides in the campaign and ruled out a formal alliance with any group although it was not immediately known how he would react to his stunning success or how his supporters would behave in parliament. buy canada goose https://www.thebeatlestimeline.com jacket cheap

DANGER OF NEW ELECTION A bitter campaign, fought largely over economic issues, made some investors fear a return of the kind of debt crisis that took the euro zone close to disaster and brought the technocrat Monti to office, replacing Berlusconi, in 2011.

Canada Goose Parka The projected results showed canada goose uk outlet more than half of Italians had voted for the anti euro platforms of Berlusconi and Grillo. Canada Goose Parka

Canada Goose sale Officials from both center and left warned that the looming deadlock could make Italy ungovernable and force new elections. Canada Goose sale

canadian goose jacket A center left government either alone or ruling with Monti had canada goose black friday sale been seen by investors as the best guarantee of measures canada goose coats on sale to combat a deep recession and stagnant canada goose factory sale growth in Italy, which is pivotal to stability in the currency union. canadian goose jacket

canada goose black friday sale Voting officials canada goose clearance count the ballots in a polling station in Rome February 25, 2013. REUTERS/Yara Nardi canada goose black friday sale

canada goose The benchmark spread between Italian 10 year bonds and their German equivalent widened from below 260 basis points to above 300 and the Italian share index lost all its previous gains after projections of the Senate result. canada goose

canada goose coats projections suggest that we are heading for an ungovernable situation said Mario Secchi, a candidate for Monti centrist movement. canada goose coats

Canada Goose online Stefano Fassina, chief economic official for Bersani center left, said: scenario from the projections we have seen so far suggests there will be no stable government and we would need to return to the polls. Canada Goose online

canada goose clearance If the results are confirmed the only possibility looks like a coalition combining right and left, like the one Monti led for a year. But politicians uk canada goose outlet said before the vote this could not Canada Goose Jackets work for long and would struggle to buy canada goose jacket work decisively. canada goose clearance

Monti helped save Italy from a debt crisis when Rome borrowing costs were spiraling out of control, but few Italians now see him as the savior of the country, in its Canada Goose Coats On Sale longest recession for 20 years.

Grillo movement rode a huge wave of voter anger about both the pain of Monti austerity program and a string of political and corporate scandals. It had cheap canada goose uk particular appeal for a frustrated younger generation shut out of full time jobs.

sick canadian goose jacket of the scandals and the stealing, said Paolo Gentile, a 49 year old Rome lawyer who voted for 5 Star.