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Italy: the presidential feared by investors

2022-01-21T19:44:31.545Z


Employers and the markets prefer to see Draghi stay in office and continue his reforms. Monday begins in Rome the election of the President of the Republic by the 1009 electors gathered in conclave. For the first time, this election presents a risk for Italy and Europe. The biggest risk of seeing Silvio Berlusconi elected in the fourth round, which could trigger a sell-off in Italian Treasuries, is minimal, with the center right having no chance of getting the required 505 votes. Mo


Monday begins in Rome the election of the President of the Republic by the 1009 electors gathered in conclave.

For the first time, this election presents a risk for Italy and Europe.

The biggest risk of seeing Silvio Berlusconi elected in the fourth round, which could trigger a sell-off in Italian Treasuries, is minimal, with the center right having no chance of getting the required 505 votes.

More credible, on the other hand, is that of seeing the name of the current head of government, Mario Draghi, proposed in the ballot and that he is not elected, which would force him to resign.

Employer concerns

Center-left ex-prime minister Matteo Renzi warns in

La Stampa

:

 We can place Draghi very well as an attacker at Palazzo Chigi

(seat of government)

or as a goalkeeper at the Quirinal

(presidential palace)

, but one thing is safe: we cannot afford to lose it

.

However, all political forces, including the Democratic Party and the 5 Star Movement, have in their ranks…

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Source: lefigaro

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