Italy January 2020

MACRO PICTURE

Regional Elections To Send Shock Waves Through Italy’s Political System

By Brunello Rosa

22 January 2020

In this paper we discuss:

• The most recent economic and political developments in Italy;
• The possible results of this Sunday’s regional elections;
• The scenarios that can open up depending on the results of the regional elections;
• The implications for the macroeconomy and Italy’s fiscal position; and
• The market implications (for BTPs, EUR and equities) of all the above.

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Download PDF: R&R Italy Update – January 2020

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