Italy Finally Has a Government, but Volatility May Remain

Supported by a coalition of the Five Star Movement and the League, Giuseppe Conte was sworn in as the new prime minister. The political events in Italy were the main driver for financial markets the last two weeks.

Valerio Baselli 11.06.2018 | 10:37

 

 

Valerio Baselli: After some back and forth which unsettled financial markets last week, Italy has, finally, a new government. Supported by a coalition of the Five Star Movement and the League, Giuseppe Conte was sworn in as the new prime minister. The political events in Italy were the main driver for financial markets the last two weeks. The formation of the new government (the 65th in the last 70 years) avoided new elections for the time being, but markets failed to recover completely, and we'll continue to pay close attention to future developments.

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Valerio Baselli

Valerio Baselli  è Giornalista di Morningstar.

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