Category Archives: Northern League
Uh-Oh…Draghi’s Ammunition To Buy Italian Bonds Before The Election Is Less Than We Thought
Having successfully pulled off the announcement of the ECB’s “dovish taper” – where monthly bond purchases will be halved to Euro 30 billion from January 2018 – last month, a challenge for Mario Draghi in Q1 2018 has appeared on his radar. The ECB’s bond buying ammunition is slightly less than analysts thought and there […]
New Political Turmoil In Italy After Renzi Quits As Ruling Party Leader, Triggering Re-election Battle
Two months after an unexpected, landslide loss in the December 4 constitutional referendum which cost him his job as Italy’s prime minister, on Sunday Matteo Renzi quit as leader of Italy’s ruling party, in the process triggering a re-election fight against minority dissidents that threatens the stability of the center-left government, Bloomberg reports. Renzi told […]
Meet The Competitors In Italy’s Referendum
Via Stratfor, Italy is finally holding its referendum on constitutional reforms. Prime Minister Matteo Renzi's proposals would reduce the powers and size of the Senate, granting the Chamber of Deputies more authority and transferring prerogatives from regional administrations to the central government in Rome. The changes would, in theory, sever the link between political instability […]