The Italian electoral college (made up of members of parliament and regional representatives) selected Giorgio Napolitano for a second term in the “mostly ceremonial” post of president.
Via presseurop.eu (and originally from Corriera della Sera):
Napolitano was elected on April 20 with the votes of the Democratic Party (PD), Silvio Berlusconi’s People of Freedom Party and Mario Monti’s Civic Choice. Despite having earlier ruled out the possibility of a second term, Napolitano changed his mind after Franco Marini and Romano Prodi failed to get elected due to a dramatic split in the PD that prompted its head, Pier Luigi Bersani, and the party’s entire leadership to resign.
One of the faculties that makes the Italian presidency potentially more than ceremonial is the authority to dissolve parliament when a government can’t be formed. (This power does not exist in the final phase of a president’s term, but becomes active again once Napolitano starts his second term today.)
Does this mean a grand coalition (i.e. a Berlusconi-backed government)? Or will there be a new elections (leading to who knows what?)?