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What the market will watch for in Italy’s crucial budget proposal in the coming week

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Investors consider the health of Italy’s finances a major threat to the euro, so all eyes are on next week’s Italian budget proposal.

 

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what eyes ? only the eu

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Italy's stocks are in bear market territory as the global market rout reignites budget crisis fearsWhile most stock markets are contending with fears of a global slowdown, Italian investors have also got to consider a cocktail of domestic risks, largely linked to the country's ongoing budget crisis, which has seen its government clash with the European Union over its spending plans.
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Italy’s stock market slumps as budget drama looms, weighs on broader European boursesItalian stocks were trading sharply lower on Friday as the drama of the country’s budget plan erupted anew and pushed up its sovereign bond yields amid worries that a market-disrupting conflagration between the European Union and Rome won’t be averted. ITALY IS SIMILAR TO USA WITH BUDGET DRAMA Hmmmm we were told by the left Europe had it all figured out.
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