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More Political Instability For Italy After Election?

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There’s a key moment coming up in Italian politics that could have repercussions for the entire European Union.Italy is holding a general election on March 4, but it is unclear whether it will manage to form a solid government, which is raising concerns among market participants.Why does this election matter?Italy has been under the caretaker leadership of Paolo Gentiloni since December of 2016 — when Matteo Renzi resigned from the position after his proposals to reform the Italian Senate were not approved in a referendum.

Source: Italy election: Who’s leading with taxes, debt and more on the line – CNBC

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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