Stinging Defeat of Renzi in Italian Mayoral Elections; 40% the Proposed New Majority

by Mike ‘Mish’ Shedlock
Mish Talk

In the second and final round of mayoral elections in Italy, candidates backed by Prime Minister Matteo Renzi went down in flames in many key cities.

The Financial Times reports Italy’s Mayoral Elections Deal Stinging Blow to Renzi.

In a set of closely watched mayoral races on Sunday, seen as a barometer of national support for Mr Renzi and his reformist agenda, the former mayor of Florence’s centre-left PD party won in Bologna and Milan but lost in Rome, Turin, Naples and Trieste.

The most striking contests were in the Italian capital and Turin where two young women — Ms Raggi, a 37-year-old lawyer, and Chiara Appendino, a 31-year old business graduate — won landslide victories for the populist Five Star Movement. Naples was won by an independent and Trieste by a centre-right candidate.

Continue Reading at…