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Italy May Be Headed for July Vote as Cottarelli Stumbles

  • Prime-minister designate to meet president on Wednesday
  • Parties seen pressing for elections as early as July 29
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Nina Schick, Rasmussen Global director of data and polling, discusses the political turmoil in Italy.(Source: Bloomberg)
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Italy may be headed toward snap elections as early as July after the latest attempt to form a government saw premier-designate Carlo Cottarelli leave a meeting with the president without an agreement on a cabinet team.

A failure by Cottarelli, who will meet head of state Sergio Mattarella again on Wednesday, could force the president to dissolve parliament, leading to elections within 60 to 70 days.