Tags: Italy | Letta | austerity | reverse

LIGNET: A New Prime Minister for Italy, But Not a New Day

Friday, 03 May 2013 01:31 PM EDT

Markets were relieved by the formation of a new government in Italy, but there is still plenty of reason for worry. If the new prime minister, Enrico Letta, reverses the budget cutting done under his predecessor, as he has promised to do, Italy could quickly become economically unstable: If he does not, Italy could quickly become politically unstable. It does not seem likely that Letta can succeed, unless the dynamic in Europe changes between now and the end of 2013.
 
Click here to read the full analysis from top intelligence experts at LIGNET.com.

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GlobalTalk
Markets were relieved by the formation of a new government in Italy, but there is still plenty of reason for worry. If the new prime minister, Enrico Letta, reverses the budget cutting done under his predecessor, as he has promised to do, Italy could quickly become...
Italy,Letta,austerity,reverse
93
2013-31-03
Friday, 03 May 2013 01:31 PM
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