Italy: Politics, German style? – BNPP

Clemente De Lucia, Economist at BNP Paribas, suggests that with Italy now looking more likely than not to hold an early general election, there are risks of producing inconclusive results.

Key Quotes

“Italian politicians seem to be converging towards an electoral law similar to that in force in Germany, which mixes majority and proportional elements and favours large parties.”

“Even with the ‘German’ system, opinion polls suggest no party would win a majority, so the next government is likely to be a coalition, perhaps of the Democratic Party and Forza Italia.”