RSS Feed
February 26th, 2013 
FAKE NEWS for the Zionist agenda Milan’s FTSE Mib index fell 4.43 percent to 15,627 points in early trading on Tuesday.
London’s benchmark FTSE 100 index also slumped by 1.49 percent to 6,260.36 points, while Frankfurt’s DAX 30 dropped 1.17 percent to 7,682.24 points.
Paris’s CAC 40 also opened 2.79 percent lower to stand at 3,617.63 points, as shares in European banks tumbled. In Madrid, main index retreated 3.0 percent.
“Share markets and bank stocks in Europe are sliding as investor sentiment is rattled by the political impasse in the Italian elections,” said Ishaq Siddiqi, market strategist at ETX Capital trading group.
Television projections showed on Tuesday that Italy’s center-left coalition led by Pier Luigi Bersani holds a narrow lead in the election for the lower house of parliament over the center-right bloc of former Prime Minister Silvio Berlusconi.
The alliance or the political party that receives the most votes in the lower house automatically gains a majority of 340 of the 630 seats. However, any Italian government must also achieve a majority in the Senate.
Projections also showed that the center-right bloc is in the lead in the Senate race, but no coalition has won enough seats to form a majority in the upper house of parliament.
Most political analysts believe Bersani will seek an alliance with Prime Minister Mario Monti’s centrist bloc to secure a stable government, assuming parties gathered under Monti’s centrist banner gain enough votes.
While Bersani has found much in common with Monti, a large part of his party’s base is considerably further to the left and could rebel.
DB/MA
Source Article from http://www.presstv.ir/detail/2013/02/26/290892/eu-stocks-down-on-italy-vote-deadlock/
Posted in 
