We should be so lucky.
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Return of the Lira? Italian general election, 2018
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- Mar 2008
- 19102
- Revelling In The Hole
- England, Chelsea and Tooting and Mitcham. And Surrey CCC. And Wimbledon Dons Speedway (RIP)
- Nairn's Cheese Oatcake
Some "challenging" thoughts about their neighbour from the Italian government: https://www.bbc.co.uk/news/world-europe-46955006
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We're going to have to have a discussion with Bloomberg about what constitutes Centre Right.
Matteo Salvini, the League’s leader, is coming under pressure from his party to pull the plug on the populist coalition. He could then fight a new election as leader of a reunited center-right coalition, allowing him to focus on pledges such as tax cuts. This might happen after the European Parliament elections in May, which may give Salvini greater certainty about his popularity in the polls.
A center-right government would maybe be more reassuring for investors. After all, one populist agenda is better than trying to straddle two.
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To the surprise of no-one, it appears Lega have been getting funding from Moscow:
http://twitter.com/espressonline/status/1098616904921567232
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Missed this while I was on holiday. It really does seem like the raison d'etre of most Italian banks is to sell their retail customers the most inappropriate investments possible to offset losses on shitty loans to friends of the owner's family.
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