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Ratings downgrades and snap elections: Here’s what could happen next as Italy’s debt crisis mounts

Research from Barclays shows there’ll be no easy fix for Italy’s debt crisis — one of many factors keeping global markets on edge at the moment. There was a serious bout of volatility in Italian stocks and bonds last week, as the Italian government refused to budge on its 2019 spending plans.
(L to R): Luigi Di Maio, Giuseppe Conte, and Matteo Salvini

Everything you need to know about Italy’s budget crisis — which threatens to trigger a major market meltdown

The budget crisis can be traced back to March's general election, in which both Five Star and the League ran on platforms based on anti-austerity policies, high levels of spending on infrastructure and social welfare, and tax cuts for lower income Italians.
(L to R): Luigi Di Maio, Giuseppe Conte, and Matteo Salvini

These 3 men hold the future of the euro in their hands

Italy may be renowned for its chaotic, dysfunctional politics but even by its standards, the last seven days have been crazy.

Italy’s political crisis is developing rapidly — here’s how things have changed this week

Just two days ago, a fresh election looked a certainty in Italy, but the rapidly changing landscape of the country's politics mean that a coalition government that looked dead could now come to fruition.
The Italian flag.

A little-known part of Italy’s constitution makes it almost impossible for the country to leave the euro

Article 75 of the Italian constitution could play a key role in defusing the developing crisis in Italian politics, which many believe could end up with Italy leaving the euro.
Italy.

Italy just raised $6.5 billion selling debt — but the prices show just how little faith markets have in the country

A bond auction on Wednesday morning saw a total of €5.6 billion ($6.5 billion) of debt sold, with investors picking up €1.75 billion of five-year bonds, €2 billion of seven-year bonds and €1.8 billion of 10-year debt.
Paul Donovan.

One of UBS’ top economists tells investors to ‘take a deep breath and calm down’ over Italy

"Bond market moves do not break up monetary unions. Bank runs do. There is no evidence of bank runs," Paul Donovan wrote to clients of UBS Wealth Management on Wednesday morning.