'EURO KILLER' Italy could spark single currency CHAOS - experts fear Euro may drop to 87p

'EURO KILLER' Italy could spark single currency CHAOS - experts fear Euro may drop to 87p
 

The most likely scenario after the elections this Sunday is that no single party reaches a majority and Italy operates with a technocratic government or a grand coalition. 
With Italy burdened by €2.2 trillion of debt, this scenario appeals to the markets that remain wary of the example set by Greece - which has continued to pay back loans - and are banking on seeing that money returned.
However, the second scenario of a centre-right coalition securing a majority government, would shock the market, and Mike Ingram, Chief Market Strategist at WHIreland.
He told Express.co.uk that in recent... read more

 
1 March 2018 in Business, Views: 32
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