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Image header Agence Europe
Europe Daily Bulletin No. 10818
ECONOMY - FINANCE - BUSINESS / (ae) italy

Political forces are up against the wall

Brussels, 02/04/2013 (Agence Europe) - A rise in the “spread” of the German Bund and a rise in the rates of interest of the Italian sovereign debt. That could be the short term sanction of markets given the uncertainty created over continuing reforms begun by the Monti government, as attempts to form a political government are getting nowhere (see EUROPE 10817).

Last Thursday, the centre-left leader, Pierluigi Bersani, had renounced forming the new government due to the irreconcilable...

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