With no clear victor, uncertainty wins Italy's election

Journalists wait for vote results at the headquarters of Silvio Berlusconi's People of Freedom party (PDL) in downtown Rome on February 25, 2013.

Global stock markets are falling this morning after Italian voters gave the world's eighth largest economy a dose of political uncertainty. Preliminary results indicate no political party won a clear majority in parliament.

The BBC's Mark Duff in Milan joins Marketplace Morning Report host Jeremy Hobson to discuss what the deadlock means for a country caught between forward-looking austerity reforms and current economic hardship.


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