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Berlusconi insists on share in power in Italy

Turbulence plagues euro zone as president considers options to solve electoral impasse

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Centre-left leader Pier Luigi Bersani snubbed Silvio Berlusconi's group. Photo: Xinhua

Former Italian Prime Minister Silvio Berlusconi insisted yesterday the only way out of Italy's political deadlock was for his centre-left rivals to accept a coalition deal that would give him a share in power.

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Berlusconi met President Giorgio Napolitano yesterday after centre-left leader Pier Luigi Bersani failed to end a month-old stalemate since an election last month that has fuelled worries about the stability of the euro zone's third largest economy.

The 76-year-old billionaire said there was "no other solution" than a coalition and he ruled out backing a technocrat government like the one led by outgoing Prime Minister Mario Monti, whom he blames for pushing Italy into recession.

"Our position has not changed," centre-right leader Berlusconi said after the meeting with Napolitano.

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"Our position is the one the polls dictate: a broad coalition between the available forces ... an absolutely political government, given the negative and tragic experience we had of a technocrat government," he said.

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