The labor party is forming the new government with 2 seats despite having only 46 % of the votes. (politics.stackexchange.com)
Holger Schmieding, chief economist at Berenberg Bank in London, said that «whether or not (the Portuguese slowdown) was related to the rising political risk... it does provide a stark warning: if leftist parties form a new government in Lisbon, as they are trying to do, they would have very little room for maneuver.» (fortune.com)
Florence mayor Matteo Renzi is expected to be offered the chance to become Italian prime minister, as talks begin on forming a new government. (citifmonline.com)