Mike Shedlock

By a very slim margin Beppe Grillo's Five Star Movement is the largest political party in Italy. Young voters and first-time voters are responsible (see comments from "AC" below)

Here are the official election results.

Chamber

  • GIUSEPPE PIERO GRILLO - MOVIMENTO 5 STELLE - 8,689.168 - 25.55%
  • PIER LUIGI BERSANI - PARTITO DEMOCRATICO - 8,644,187 Votes - 25.42%   
  • SILVIO BERLUSCONI - IL POPOLO DELLA LIBERTA' - 7.332.667 Votes - 21.56%
  • MARIO MONTI - SCELTA CIVICA CON MONTI PER L'ITALIA - 2,824,001 Votes - 8.30%

Bersani gets 55% of the Chamber seats because his center-left coalition barely beat Berlusconi's center-right coalition by a 29.54% to 29.18% margin otherwise Berlusconi would be courting Beppe Grillo (likely to no avail) to form a coalition.

Senate

  • PIER LUIGI BERSANI - PARTITO DEMOCRATICO - 8,399,991 Votes - 27.43%
  • GIUSEPPE PIERO GRILLO - MOVIMENTO 5 STELLE - 7,285,648 - 23.79%
  • SILVIO BERLUSCONI - IL POPOLO DELLA LIBERTA' - 6,829,135 Votes - 22.30%
  • MARIO MONTI - SCELTA CIVICA CON MONTI PER L'ITALIA - 2,797,451 Votes - 9.13%

The center-left received a higher percentage of votes than the center-right by a 31.63% to 30.72% margin. However, Senate seats are assigned based on regional totals and the result will be something like a 119 to 117 spit with the Five Star Movement picking up 54 Seats. A majority takes 158 so no coalition is likely.

Comments From "AC"

Reader "AC" who is from Italy but now lives in France writes ...

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.