Salvini snaps to send Italian capital markets into a spin

By Sam Kerr, Tyler Davies
15 Aug 2019

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.

Italian politics has been in turmoil after deputy prime minister Matteo Salvini called for snap elections earlier this week, saying that his party, League, could no longer govern in coalition with the Five Star Movement.

Capital markets have not responded well, even though there have been some ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.