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Italian election result

Landslide victory for a right-wing coalition

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Date published
30 Sep 2022
Tag
Zehrid Osmani Head of Global Long-Term Unconstrained

As was widely expected, the Italian elections last weekend have shown a landslide victory for the right-wing coalition formed of Brothers of Italy, Lega and Forza Italia. Georgia Meloni, the leader of the far-right party, Brothers of Italy, is likely to become Italy’s next Prime Minister, and the country’s first female Prime Minister since unification in 19th century.

Zehrid outlines key points for the upcoming election in Italy across an executive summary:

  • Georgia Meloni, leader of the far-right party Brothers of Italy, is likely to become the next Italian Prime Minister, following a landslide victory for a right-wing coalition
  • We do not expect any major deviation by Italy away from the European Union (EU) political agenda, and therefore we do not see this as a
    geopolitical risk for Europe.
  • Italian equities should be unscathed, with the Italian equity risk premium unlikely to change materially.
  • Right-wing parties’ momentum continues to increase throughout Europe, but we do not see any major risk of rising Euroscepticism for the time being.
  • A more sizeable Euro-sovereign risk in our view remains the next French presidential elections in 2027, whose time horizon remains too far out for financial markets to focus on at present.
Read the full summary here

We do not expect any major deviation by Italy away from the European Union (EU) political agenda, and therefore we do not see this as a geopolitical risk for Europe.


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