Italian equities faced renewed pressure as the state budget deficit widened further, pushing the spread between Italian and German government bonds higher and raising questions abo
Italian equities faced renewed pressure as the state budget deficit widened further, pushing the spread between Italian and German government bonds higher and raising questions about fiscal room ahead of budget season. Euro zone inflation picked up, keeping borrowing costs elevated across the region and adding to the strain on Italian debt. Political friction, including protests over a contested antisemitism bill, added a domestic backdrop to an already cautious session.
Sources
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