Prospect of anti-euro economy minister brings fresh concern to Italy's markets


  • World
  • Wednesday, 23 May 2018

FILE PHOTO: The Milan Stock Exchange entrance is seen before Pirelli's ceremony, downtown Milan, Italy, October 4, 2017. REUTERS/Massimo Pinca

ROME (Reuters) - The prospect of an 81-year-old economist critical of Italy's euro zone membership becoming economy minister has brought fresh concern to Italian markets already rattled by the imminent formation of an anti-establishment government.

Italian bond yields rose on Tuesday as reports surfaced that Paolo Savona was the favoured candidate of the two parties trying to form a coalition: the far-right League and the anti-establishment 5-Star Movement.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Analysis-Sinn Fein struggles deal blow to nationalists' united Ireland dream
Russian attack on Dnipro damages industrial enterprise, rehabilitation centre, authorities say
North Korea hackers behind 2019 $42 million Ethereum heist, South Korea police say
Australian teen dies from tainted liquor in Laos; fourth suspected victim
Former UK deputy PM Prescott dies, his family says
Arrested son of Norwegian princess suspected of second rape
Mexico's lower house votes to abolish autonomous bodies
Australia launches 'landmark' bill to ban social media for children under 16
Zelenskiy says Crimea can only be restored to Ukraine through diplomacy
Ukraine launches UK cruise missiles into Russia, a day after using US ATACMS

Others Also Read