Italian 10-year bond yield jumped by 36 basis points
The Italian government crisis has exacerbated investors' nerves and brings significant tensions ahead of the summit of leaders of EU countries, which will be held 13 to 14 December.
Monti announced plans to fold its mandate in connection with the loss of support of previous partners, headed by former Prime Minister Silvio Berlusconi.
Monti held the office of Prime Minister after 13 months. During that time, yields of 10-year Italian government bonds declined by about 200 basis points and the sale of new bonds in recent cases implemented at the lowest yields in the last two years.The measures taken by his government directed the government deficit to meet the conditions of the EU, where the main goal is to push the headline deficit below 3% of GDP.
According to many comments, the general perception of Italy led by Monti has improved significantly. His departure and the return of Berlusconi, the overall picture could again deteriorate significantly. Berlusconi has repeatedly openly criticized too "pro-German" policy, supporting the efforts of the country after a very hard and strict austerity measures.
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12.12.2018 4 kroky k výběru spolehlivých oken
Michal Dvořák, TradeCentrum
Olívia Lacenová, xPartners
Jakub Petruška, Zlaťáky.cz
Štěpán Křeček, BHS
Jonáš Mlýnek, LYNX
Patrik Mackových, TopForex
Zdeněk Ďuriš, EKKA-Gold
Štěpán Hájek, Bossa
Patrik Hudec, GENERALI