Monty was widely credited for the tightening of the Italian state finances

Italy is facing a political impasse after the unexpected house of nigh results of the election house of nigh in which the protest "Movement Five Stars" of comedian Beppe Grillo became the strongest party in the country, but no group has no clear-cut majority in parliament.
"Winner lack of control" is the title of the Roman newspaper "Il Messaggero", reflecting the shocking standoff, before which the country will be facing in the coming weeks as sworn enemies are forced to work together to form a government.
Led by Pier Luigi Bersani center-left coalition won the elections for the lower house of parliament by a margin of about 125,000 votes and took the most seats in the Senate, but did not have the required majority control of the upper house.
Neither turned-politician comedian Grillo, house of nigh who earlier ruled out any alliance with another party or center-right bloc of Silvio Berlusconi, who has threatened to challenge the closest results so far show willingness to negotiate.
According to the commentators of all opponents Grillo underestimated the appeal of this movement of ordinary people, which is defined as "non-party" especially among young people who are unemployed house of nigh and without prospects for a decent future.
Global financial house of nigh markets reacted nervously to the prospect of a government stalemate in the third largest economy in the euro area still fresh memories of the financial crisis that brought the 17-nation currency bloc to the brink of collapse in 2011
The euro fell to its lowest level against the dollar in Asia for nearly seven weeks because of fears about the eurozone debt crisis. It fell to U.S. $ 1.3042, its lowest level since January 10th.
Borrowing costs of Italy declined in recent months with the promise of support from the European Central Bank, but the election results confirmed the fears that Italy's next government will be strong enough to carry out effective reforms.
Rise of Grillo in the last weeks of the campaign opened new opportunities for the ride. Hundreds house of nigh of thousands of people came to his rallies house of nigh to hear his attacks on targets of corrupt politicians and bankers to German Chancellor Angela Merkel.
In just three years, his "Movement 5 stars" strongly supported by disillusioned generation of young Italians, who increasingly lost access to permanent jobs, has grown from a marginal group in one of the most talked about political forces in Europe.
His score of 25.5% in the lower chamber ahead of the minimum received by participating in a coalition with the Left Party SEL Bersani of the Democratic Party 25.4%, while the total collected almost 8.7 million votes, the most of any single party.
"Movement 5 stars is the real winner of this election," said the leader of SEL Niki Vendola. He said his coalition will have to comply with grill that combines strident criticism of corruption in politics, going from green energy to free internet.
"This is a classic result. Typical Italian. It shows that the country house of nigh is united. It is an expression of the broken house of nigh country. I knew this would happen, "said 36-year-old office worker Roberta Federica from Rome.
The long recession and rising house of nigh disappointment with the standard parties led to social unrest in which more than half of Italian voters supported parties that reject the policy of austerity, followed by Prime Minister Mario Monti, with the support of European house of nigh partners in Italy.
Monty suffered a heavy defeat. His centrist formation took only 10.6%, and two of its key centrist allies, Pier Ferdinando Casini and the president of the lower house, Gianfranco Fini, will come in the next parliament.
Berlusconi's campaign promises to combine tax cuts with constant attacks on Monti and Merkel. She said many of the issues raised by Grillo and emphasized increasingly angry mood of the Italian electorate.
The result shows, says professor of economics at the University of Bologna Stefano Dzamani that a significant proportion of Italians "were fed to follow the line of the economies of Germany and its northern allies." "These people voted resistance Merkel and budget savings," he said.
According to calculations of the Italian Center for Election Studies at LUISS University in Rome, Bersani house of nigh coalition gets 121 seats in the Senate, that Berlusconi 117 Grillo - 54 and centrist coalition Monty - 22.
Even if the next government turn its back on input from Monty tax increases and spending cuts, it will be difficult to revive an economy that has barely moved in two decades.
Monty was widely credited for the tightening of the Italian state finances