Europe

Italy's president seeks to reassure Europe

As Italy's politicians show no sign of forming a coalition government, the president tries to reassure Europe.
Last Modified: 01 Mar 2013 03:05

Italy’s president has already reacted sensitively to a German diplomatic slur after last weekend’s election. Now, Giorgio Napolitano, is insisting Italy is not a risk to the euro.

The formation of a government he says cannot be rushed. The election in heavily indebted Italy failed to provide a clear winner, and talks on the formation of a coalition have been difficult and fruitless so far.

More than half of the votes went to parties that reject sending cuts and budget reforms.

The high vote count for Silvio Berlusconi’s centre right alliance and the anti-political party of Genovese comedian Beppe Grillo, has clearly spooked Italy’s eurozone partners leading to these controversial remarks on Wednesday.

Al Jazeera's Jonah Hull reports.

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Al Jazeera
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