Italy's 2013 Full Election Results: Grillo and Berlusconi Defeat Austerity — Make Markets Nervous


Silvio Berlusconi and Beppe Grillo, the two candidates who ran on opposing the unpopular European Central Bank–imposed austerity, performed better than expected in Italy's elections — worrying markets worldwide because of fears of the Italian government being unable to form a functional governing coalition, and the perception that voters in Italy are now openly "in rebellion" against the European Central Bank and any politicians seen to be aligned with austerity. Here's the official results of Italy's Sunday and Monday national elections as tallied by Reuters