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Italy Senate "Ungovernable"; No Coalition Possible

IMG Auteur
Published : February 26th, 2013
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FOLLOW : Italy
Category : Opinions and Analysis

La Republica confirms what we long thought highly likely: The Italian Senate is Ungovernable.

A Senate majority takes 158 seats and no party has more than 123 at the moment. The current results look like this:

Senate Seat Projections

  • Bersani 104
  • Berlusconi 123
  • Grillo 57
  • Monti 17

There are 315 total seats and the total above is only 301. Although 14 seats remain, not even a Monti-Bersani coalition in addition to those 14 seats would bring Bersani's total to 158.

Curiously, it appears Bersani received a plurality of the Senate popular vote with 32% compared to Berlusconi's 30.2%. Grillo weighs in with 23.9%, and Monti at 9.1%.

If 123-104 in favor of  Berlusconi over Bersani sounds strange, it is not unlike a presidential election in the US where one candidate wins the popular vote and another candidate wins the election based on  state-by-state electoral votes.

Chamber Comparison to US

In Italy, both houses of parliament share duties equally. In the US, financial bills originate in the House, and only the Senate has a say in approval of judges and cabinet-level positions.

"AC" writes ..."Most likely Italy will go back to vote within a couple of months, probably after changing the electoral law."

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com 
Data and Statistics for these countries : Italy | All
Gold and Silver Prices for these countries : Italy | All
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IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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