Italy – Hard and Low

The latest on Italy from our specialist MarioMoney suggests that PM Conte played a blinder. The likeliest outcome now is a 5*/PD alliance, followed by a technocrat government to get the budget passed, then new elections trailing with around a 20% chance. Bear in mind Italy has a debt ceiling/government shutdown mechanism and although it hasn’t been used in over three decades, it could be.

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In football, penalty shots should be fired hard and low. Prime Minister . . .

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