- Italian markets are expected to be in focus this week after Silvio Berlusconi again undermined the stability of the ruling coalition, of which his center-right grouping is a member, by reviving his old Forza Italia party and suspending his existing grouping, the People of Freedom (PDL).
- The move could split the right: Berlusconi and his supporters - who tried to bring down the government following the former prime minister's conviction for tax fraud - would be in Forza Italia, while the more "dovish" members of the right-of-center group - who blocked Berlusconi's efforts - would remain in the PDL.
- The doves probably have enough members to stop the government from falling if the former Prime Minister were to withdraw his support, but it could be more difficult to force through economic reform.
- ETFs - Stocks: EWI. Bonds: ITLT, ITLY
Berlusconi revives old party, could undermine government
From other sites
at Nasdaq.com (Jan 12, 2015)
at Benzinga.com (Dec 31, 2014)
at Benzinga.com (Dec 30, 2014)
at Benzinga.com (Dec 29, 2014)
at Benzinga.com (Dec 26, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs