Short and Sharp: Italian elections, not the threat they once were

One year ago, the Italian political landscape held the potential to initiate a sharp escalation in European systemic risk. The rise of Five Star Movement (5SM), an anti-establishment, anti-euro party, brought fears of doomsday scenarios where Italy voted to leave the euro, heralding the end of the European project. Fast forward to present day: economic[…]

Source: The Principal Blog
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