Friday, 1 March 2013

Elections in Italy have been crucial for the country. Italy was already facing various financial problems and an economist was elected to take the country out from the economic disaster, he was named Monti. Monti increased the amount of taxes in order to avoid the collapse of the economy and of Italian banks. He did a good work, but now the elections could ruin everything he did. Elections in Italy are cause  of an incredible waste of money and the economy very often stops because of them. What came out of the elections is that in Italy there are three major parties, Movimento 5 stelle, Popolo della Libertà and the Democratic Party. All three have received  around 30 percent of the votes. Because of this Italian politics has stopped. No one has the majority and must there will have to be new elections in the future. Will Italy be able to jump out from this crisis? Election is synonymous of economic instability. I will keep you all updated.

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