Report
Tom Levinson

Italian Political Crisis - Major Risk from Potential Election

Italy's political crisis is plunging to new depths, with the size of the country's economy and debt pile causing great investor anxiety. If a new election is confirmed, we think it would lead to a further pickup in risk aversion and euro underperformance. Uncertainty would be immense in the lead-up to a vote, while the result might even give populist parties a strengthened mandate for change. In turn, the ECB would have to back away from its prior intention to taper QE to zero, possibly by the year end.
Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Tom Levinson

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