And then it happened...
  • President Mattarella has approved a Five Star-League government

  • The government has the intention to embark on a spending spree and intensify opposition against Brussels, but not to leave the Eurozone. This risk, though, cannot be fully neglected

  • The short-term economic impact of the current turmoil is expected to be limited. Predictions for the long term are difficult to make at this point, but risks are clearly to the downside

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