Italian voters went to the polls over the weekend and upended the political establishment. The big winners were populist and far-right parties, which received about 55% of the vote in total, though it could take weeks to figure out exactly what kind of coalition will be governing the country. The big losers were pro-EU forces in general and establishment politicians such as Silvio Berlusconi in particular. Details and analysis:
- A big deal: "This was an anti-establishment triumph of the same magnitude as the Brexit referendum or Donald Trump's US election victory," writes Ferdinando Giugliano at Bloomberg. Next comes a "period of great uncertainty" not only for Italy, but for the entire eurozone.
- Big winners: The Five Star Movement, founded less than a decade ago by a comedian fed up with the political establishment, got about a third of the vote, per the AP. The League, an anti-immigration party of the center-right, got about 18%. "The buzz in Rome is whether the two parties could team up and form a euroskeptic alliance," writes Giugliano.