Market Comment | Italian politics hits European assets
Published on Wednesday, May 16, 2018
Market Comment | Italian politics hits European assets
Summary
Incresing uncertainty in Italy hit European assets. The leak of a draft written by the Five Star Movement and the League brought political concerns to the forefront (see). In the draft, the coalition ask the ECB to forgive 250 billion euros of Italian debt. In this context, Italian assets suffered the most, but the negative […]
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BBVA Research
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