Europe Demands Italy Rethink Budget; Salvini All Set To Beg Russians For Help
I just can't anymore with Italy.
As expected, the European Commission has rejected the country's budget - this is the first time that's happened in the bloc's history. According to multiple sources who spoke to Bloomberg, the E.U. will tell Italy to resubmit the plan.
Despite the fact that this was expected and tipped over the weekend, it seems destined to conspire with Tuesday's already dour mood to reinforce generalized risk-off sentiment. Italian 10Y yields are at day highs and the spread t