Italy election: Markets shrug-off prospect of new Eurosceptic government

Italy election: Markets shrug-off prospect of new Eurosceptic government

Italian markets showed no signs of jitters as coalition talks by Eurosceptic parties to form a government in Italy took shape on Sunday.

Italy’s FTSE MIB was -0.7% down on the day at lunchtime on Monday and remained stable throughout morning trading.

Leaders of the League and the Five Star Movement confirmed they had finally agreed to a joint programme to form a government over the weekend, ending weeks of political paralysis after a 4 March vote failed to produce a parliamentary majority.The announcement confirmed fears that Italy’s future government would be hostile to the EU and […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.