Italy
Italian Government bond spreads rely on incoming finance minister
The movement of Italian government bond (BTPS) spreads will depend on who will be the next finance minister, and future volatility will depend on whether the new government’s decisions diverge from the European Union, according to a top fund selector.
Forgotten $1.8m cash fortune ‘worthless’
An unlucky heir who discovered a secure vault containing three billion in Italian lira in Switzerland is facing an uphill battle to buy anything with the fortune after the Bank of Italy refused to exchange the stacks of cash for legal currency.
Italy unveils attractive tax regime for global wealthy
The land of ‘la dolce vita’ has unveiled an attractive tax proposition for high net worths looking to settle in Italy.
Do Italian election results reignite the populist threat?
The Italian election looks set to result in a hung parliament as widely expected, but fund managers are concerned a strong showing by right-wing and populist parties poses a threat to eurozone stability.
Hung Italian parliament is best for investors
The consensus forecast of no clear winner in this weekend’s Italian election coming true is the best short-term scenario for financial markets and the economy, according to industry experts.