Europe Frets over Italy 'Two Clowns Won the Election'

Global investors have made it clear that the Italian election result is not to their liking, with Moody's even threatening a rating downgrade. European politicians are also unimpressed and fear the euro crisis may soon return. Some comments have been surprisingly undiplomatic.
Italian elections have spooked markets and Europe.

Italian elections have spooked markets and Europe.

Foto: LISI NIESNER/ REUTERS
cgh -- with wire reports