Italy has a new government after Prime Minister-designate Enrico Letta of the left-leaning...


Italy has a new government after Prime Minister-designate Enrico Letta of the left-leaning Democratic Party (PD) forged a coalition agreement with Silvio Berlusconi's right-of-center Freedom party (PDL). The uncertainty had roiled markets at various points since elections in February, so it's worth watching EWI, ITLT and ITLY. The government includes Bank of Italy director general Fabrizio Saccomanni, who is close to ECB Governor Mario Draghi.

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  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    This is so wrong! So many shorts had their hopes pinned on a total collapse in Italy. What are they going to do now?
    28 Apr 2013, 12:29 PM Reply Like
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