A、The government was replaced by the parties on the left and right. B、The governing coalition failed. C、The stock exchange fell

The results of the municipal elections in Italy in which the governing coalition lost ground to parties on the left and right attracted considerable attention in today’s British newspapers. It’s the lead story for the Financial Times, which focuses on the sharp falls on the Milan stock exchange and says the nervousness in the financial markets reflected the view that fresh general elections would be held early next year amid increased political uncertainty.
    The Scotsman says file results reflect the bewilderment of a people who are watching file abrupt disintegration of the country’s post-war political and economic fabric. The Yorkshire Post says the results raise the perennial question of whether Italy is governable. And The Independent adds that there’s little prospect of a convincing new party of the moderate centre right emerging in time for the elections to fill the political vacuum left by the discredited Christian democrats and socialists.