Who Is Getting “Screwed”, Mr. Berlusconi?
With Italian elections due in the first half of 2006 and weaker economic data streaming on-line through year-end, debate about breaking from the euro will intensify. Whether Italy is better-off without the EU or the EU better-off without Italy is not the question. Either way, the risk premium currently attached to the Italian bond market appears inadequate.
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Our Research — August 3, 2005
Who Is Getting “Screwed”, Mr. Berlusconi? With Italian elections due in the first half of 2006 and weaker economic data streaming on-line through year-end, debate about breaking from the euro will intensify. Whether Italy is better-off without the EU or the EU better-off without Italy is not the question. Either way, the risk premium currently… Continue reading Untitled