Salvini snaps to send Italian capital markets into a spin

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Salvini snaps to send Italian capital markets into a spin

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HKEG6W MATTEO SALVINI ITALIAN POLITIC LEGA NORD | Alamy Stock Photo

An impressive rally in Italian risk assets has been completely overturned this week, as Italy descended into political chaos. Some market participants now fear a repeat of last year, when Italian issuers were frozen out of debt and equity markets as the country’s government fought with the European Commission over its annual budget targets. Tyler Davies and Sam Kerr report.

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