Prospect of anti-euro economy minister brings fresh concern to Italy's markets


  • World
  • Wednesday, 23 May 2018

FILE PHOTO: The Milan Stock Exchange entrance is seen before Pirelli's ceremony, downtown Milan, Italy, October 4, 2017. REUTERS/Massimo Pinca

ROME (Reuters) - The prospect of an 81-year-old economist critical of Italy's euro zone membership becoming economy minister has brought fresh concern to Italian markets already rattled by the imminent formation of an anti-establishment government.

Italian bond yields rose on Tuesday as reports surfaced that Paolo Savona was the favoured candidate of the two parties trying to form a coalition: the far-right League and the anti-establishment 5-Star Movement.

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