Throughout 2023, the yields on Italian 10-year Treasury Bonds have been trading at above 4%. Only last summer, they were 0.6%. When they began approaching 4% last December, the financial markets thought that level would trigger a panic. Fast forward nine months and we're still above that panic level. Currently the yields are just over … Continue reading Italy crumbling
Italian elections: beginning of the end for the EU?
Italians voted in parliamentary elections yesterday. The exit polls released by the national broadcaster Rai indicate that the Brothers of Italy party led by Giorgia Meloni won the clear majority (22.5%-26.5% of the vote). Meloni is set to become Italy's next prime minister and form the new cabinet. Meloni's populist leanings are almost identical to those of … Continue reading Italian elections: beginning of the end for the EU?
