Andiamo! Shock Italian coalition plan means deals ahoy
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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