Italy will remain the principal source of risk for the eurozone for the foreseeable future
Italians were once among the most enthusiastic supporters of the European project. This is true no longer.
The election results are quite as shocking as the Brexit referendum and the election of Donald Trump.
The biggest frustration may be that the people Italians vote for have next to no room for manoeuvre.
The question has rather been whom to elect (or sometimes not even elect) to carry out the policies decided in Brussels and Berlin.
Martin Wolf FT 13 March 2018
My conclusion is that Italy will remain the principal source of risk for the eurozone for the foreseeable future.
Wolfgang Münchau FT 11 March 2018
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