The Trader 

Market Outlook: Italy ‘’is not a political crisis’’

The Trader

In Davos yesterday, Roberto Gualtieri told CNBC that Wednesday’s resignation of Luigi Di Maio as leader of the 5 Star Party, coalition partner since September with the PD, ‘’it is not affecting neither the government, nor the majority’’. Mr Di Maio will carry on in his role as foreign minister. This comes against a background of an important regional election looming in Emilia Romana where Salvini and his Legua Party are currently (and surprisingly for this left-leaning part of the country) are ahead in opinion polls.

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