Friday, August 30, 2013

Roubini : Crisis in Italy goes beyond Berlusconi's Problems

Nouriel Roubini warned that instability in Italy over the future of Silvio Berlusconi could trigger early elections next year and weigh on the country’s standing on financial markets from this week.
“Our most probable scenario is elections in early 2014 but we do not exclude even sooner than that. The markets are reasoning in a similar way,” Roubini said in an interview with La Repubblica daily.
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