Italy: Focus on the Fundamentals

While markets may remain volatile, the macro-environment that Italy is facing is much more positive than the one during the Euro Sovereign Debt Crisis in 2011

Valerio Baselli 7 June, 2018 | 12:08PM
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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 5 Star Movement and the League, Giuseppe Conte was sworn as the new Prime Minister. The political events in Italy were the main driver for financial markets 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 will continue to pay close attention to future developments.

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Valerio Baselli

Valerio Baselli  is an Editor at Morningstar Italy.