Tensions between Rome and Brussels could lead to significant market volatility before an agreement is found. September will be a key month for gauging the Italian government’s budgetary plans for 2019. The government has communicated neither a precise timeline for implementing the measures announced in its ‘contract for government’ nor a precise cost analysis for these measures. In this contract, the governing...
Read More »Italian 2019 draft budget: a bumpy road ahead
Tensions between Rome and Brussels could lead to significant market volatility before an agreement is found.September will be a key month for gauging the Italian government’s budgetary plans for 2019. The government has communicated neither a precise timeline for implementing the measures announced in its ‘contract for government’ nor a precise cost analysis for these measures.In this contract, the governing coalition, made up of the Five Star Movement (M5S) and the League, committed to a...
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