Andiamo! Shock Italian coalition plan means deals ahoy

By Sam Kerr, Tyler Davies
29 Aug 2019

Equity and bond markets were cheered on Thursday by the unexpected news that Italy could be close to having a new government, staving off the possibility of potentially disruptive elections later this year, write Sam Kerr and Tyler Davies.

Giuseppe Conte, Italy’s caretaker prime minister, accepted a mandate from Italy’s president Sergio Mattarella to try to form a new coalition government, an unlikely alliance of the the Five Star Movement (M5S) and the Democratic Party (PD), once sworn political enemies.

Italy’s FTSE MIB rocketed up by 2% ...

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