
What Could Go Wrong? Italy Is The Proud Owner Of A Populist Coalition Government
Salute!
Italy has themselves a bonafide populist government.
It's been in the works all week, but Five Star and League have officially agreed on a final government contract. Here are the details via Di Maio's Facebook and translated by Bloomberg:
'Limited' deficit spending, review of EU fiscal rules, review of bail-in rules
Plan calls for redefining of lender Monte dei Paschi di Siena’s mission
15% and 20% tax rates for companies and people
End to Russia sanctions