Analysts at Rabobank noted that after more than two months of political stalemate a new coalition government in Italy is only a matter of hours, or is it”¦?
Key Quotes:
“The draft government contract between Five Star and the League was leaked to the press and contains some highly radical and expensive proposals, but some have supposedly already been watered down
It remains uncertain if Di Maio and Salvini can work out the final remaining stumbling blocks
If they would make it to government, fiscal slippage seems inevitable, but to what extent is rather unpredictable at this moment, due to a lack of known policy specifics.”