About a couple of weeks ago I argued that the “crash scenario” of Italian yelds going through the roof, because of a a fall of the Letta government plus inconclusive elections, was reasonably estimated at 52%. As centre-right ministers have now threatend to resign collectively as soon as Berlusconi is banned from Parliament, the bad […]
Is Mario Monti going to Be the Next Italian Prime Minister?
Investors and political leaders around the world are considerably worried that the new government that will emerge from the next Italian elections in April 2013 will not be headed by Mario Monti nor will purse the “Monti Agenda” of structural reform and fiscal discipline. The worries are well founded, for several reasons. Economics.. On one […]