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[email protected] URL: www.uob.com.sg/research Macro Note Italy’s Looming Election Thursday, 01 March 2018 Italians will head to the polls this Sunday, 4 March 2018 to elect both houses of parliament, the Italian Chamber of Deputies and the Senate. Polls are open from 8am to 11pm local time on Sunday (1pm SGT on Sunday to 6am SGT on Monday). Exit polls will be published immediately after, and these have been fairly reliable in the past. Official results will be published throughout Suan Teck Kin, CFA the night, as votes get counted, and the full picture should be clear during Asian trading hours Head of Research and/or before European markets open on Monday.
[email protected] Lee Sue Ann The Major Parties And Politicians Economist
[email protected] Matteo Renzi Luigi Di Maio Silvio Berlusconi Democratic Party (PD) Five Star Movement (M5S) Forza Italia (FI) The Democratic Party took a The insurgent Five Star Forza Italia has been the hit when former PM Matteo Movement started out on the main conservative force in Renzi lost credibility and political fringe and now offers Italian politics since 1994 and resigned after his referendum a mix of vague right-wing has weathered its leader’s defeat on senate reform in and left-wing policies. The sex scandals and corruption 2016. Since then, the pro- bombastic comedian Beppe allegations. Berlusconi has European centre-left party Grillo founded the Eurosceptic taken a pro-EU stance and has stayed in power with movement in 2009, but it is suggested that the president Paolo Gentiloni holding the now led by the smooth-talking of the European parliament fort as PM and steering Italy Neapolitan Luigi Di Maio, 31, and Forza Italia MEP Antonio through a banking crisis.