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Italy election ends in deadlock

  • Italy's elections have ended in a deadlock, in which no group won enough votes to form a government.

    Pier Luigi Bersani's center-left bloc is set for a narrow win in the lower house with 29.57 percent of the vote though Silvio Berlusconi's center-right may take control of the Senate with 29.15 percent.

    The Five Star Movement (M5S), a protest movement led by comedian Beppe Grillo, scored remarkable success at the polls with a quarter of the vote beating the centrist list led by Mario Monti with 10.57 percent.

    The election, which marks a return to full-blown democracy for the country after the technocratic government of Monti, comes amid a deep recession and austerity measures.

    Milan's stock market was up nearly 4 percent when exit polls on Monday evening suggested a victory for Bersani victory. However, it lost nearly all of its gains when projections began to show Berlusconi securing a sizeable vote.

    An uncertain outcome could result in a Greek-style paralysis in the eurozone's third largest economy, according to political commentators.

    Control of both the lower and upper houses of parliament is required in order to govern. 

    Know some quick facts about Italy through Italy Fast Facts