By editor
Originally published on Mon February 25, 2013 4:41 pm
As Italy's elections results came in Monday, the country appeared headed toward political gridlock, a development that rattled financial markets hoping for a clear result.
A center-left coalition, headed by Pier Luigi Bersani and favored in pre-election polls, looked like it would win the lower house of Parliament, according to partial results.
But in a surprise, the center-right grouping, headed by the former prime minister, Silvio Berlusconi, appeared to be ahead in the upper house.
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