from MacroScope:

The never-ending story

By Mike Peacock
October 1, 2013

Italian bond yields reversed a big chunk of their losses and stocks followed suit yesterday on the back of our scoop that 20 of Silvio Berlusconi’s senators had told him they could form a breakaway group if he pushed Italy into political chaos.

from MacroScope:

Oh Silvio

By Mike Peacock
September 30, 2013

Even before the vote on his political future, Silvio Berlusconi ordered his five ministers to quit Italy’s teetering coalition government over the weekend in an attempt to force fresh elections.

from MacroScope:

Octogenarian rekindles Italian hope

By Mike Peacock
April 22, 2013

 

The big euro zone development over the weekend was the re-election of ageing Italian President Giorgio Napolitano for a second term. The presumption is that to put himself through this again he must have got pretty serious expressions of intent from the warring political parties that they will strive for some form of grand coalition. That may have been made easier by the resignation of centre-left leader Bersani who was in danger of splitting his own caucus.