Italy Update 290819

POLICY COMPASS: ITALY

Conte Tries To Forge A Five Star – PD Alliance

An Initially Fragile Government Is Emerging

By Brunello Rosa

29 August 2019

In this paper we discuss:

• The latest political developments from Italy;
• How likely is Conte’s new government to start and survive;
• What policies are likely to be prioritised;
• What the 2020 budget will look like; and
• The implications af all the above for BTPs, Italian banks and equities.

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