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1 Mar 2018
Italian elections: 'Que sera, sera...' - Westpac
In respect to Italy's general election, analysts at Westpac argued that the complexity of the new electoral system, the frustration of the population and the likelihood of an inconclusive result mean that uncertainty is likely to unsettle investors until a coalition is formed.
Key Quotes:
"However, the final outcome is unlikely to be particularly troublesome for markets, EU and EUR."
"5 Star are highly unlikely to be involved in forming a Government. A Centre-Right biased, but cross party coalition is the most likely outcome."