The Trader 

Market Outlook: Italy’s Mr Nobody

The Trader

After the best part of three months’ discussion the coalition partners’ suggestion of a complete unknown, with no political experience, was ratified by Italian President Sergio Mararella.  This leaves the heads of both 5 Star and the League to carry on business as usual in parliament. The next step, choosing cabinet ministers, must also be ratified by the President, who appears reluctant to dispute decisions made by the coalition lest he seem partisan.

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