November 24, 2024

Tag: Yen

Italexit around the corner? > 29.05.2018 Highlights

Italexit, Italy crisis

The Italian President rejected the nomination for the appointment of Paolo Savona as Minister of Economy. Savona was nominated by the far-right League and anti-establishment 5-Star Movement (M5S) government coalition. President Sergio Mattarella refused to approve the nomination of Savona because of the latter’s Eurosceptic views and statements. Political and economic analysts expressed fears over Italexit.