Is the Italian Election Headed in the Same Direction as Germany?

Italian voters go to the polls on March 4 in a vote that has some striking similarities to Germany’s political scene right now.When Italians vote Sunday, Germans will be waiting for the outcome of another vote that will determine whether the country finally gets a government, six months after its federal election last September.The vote that’s being closely watched in Germany is the result of a ballot of Social Democratic Party (SPD) members. They are being asked whether they approve of another coalition with Chancellor Angela Merkel’s Christian conservative bloc, formed by her Christian Democratic Union party (CDU) and its sister party, the Christian Bavarian Union (CSU).

Source: Italy election has comparisons with Germany

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.