Frankfurt, Rome According to Matteo Salvini, head of the Italian right-wing party Lega, after the parliamentary elections on September 25 Italy would become a country of unlimited financial possibilities. The problem of energy costs? Should solve the state, even if it costs 30 billion new debt. Steer? Should all Italians only pay 15 percent, even if that costs another 50 billion euros.
It is statements like these that worry international investors. Italian government bonds have been on the sell lists for weeks, rating agencies are lowering their outlook, and hedge funds are betting against the country. The markets are already speculating about the likelihood of a new debt crisis and even about the cohesion of the euro.
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