Italy on watch list
Tuesday 15 May 2018
Research / Market
Political uncertainty in Italy remains high. The probability of a Government formed between the 5Star Movement (M5S) and the League (the most voted party in the centre right coalition) has increased in recent days, but the process of government formation is not straightforward. We believe there is a 50% probability to reach an agreement. If not, the next step can be a “neutral” government appointed by the Italian President and, eventually, should this option also fail, a snap election...