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1.Market Observations, 8.Was Sticky

31 May 2018 (AFR,FT) – EU leaders spar as Italy’s political crisis deepens

(31 May 2018, AFR, p33, by: in Paris, in Berlin and in Brussels)

‘Europe’s confusion and tension over Italy’s deepening political crisis was manifest on Tuesday as some of the EU’s most senior figures sparred over how to respond. Günther Oettinger, Germany’s EU commissioner, hinted that the upheaval in markets, with Italian bond yields spiking to their highest in years, would exert healthy, pro-European discipline on Italian voters as they confront an unprecedented second election within a calendar year.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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