Posted inMiddle East

Italy’s budget likely to assuage worst market fears: BNP Parabas

An Italian budget nightmare, long feared by investors after a populist coalition government was formed earlier this year, is not a foregone conclusion, strategists at BNP Parabas wrote on Wednesday. In fact, the investment bank expects a budget proposal that will be greeted with relief by the markets, considering the concerns that are already priced […]