Meloni Can’t Stop Unnerving Italy’s Bond Investors
Ever since the prime minister’s August move to tax banks, sentiment has shifted — and she’ll remain in the spotlight ahead of elections next year.
Giorgia Meloni
Photographer: Filippo Monteforte/AFP/Getty ImagesThis article is for subscribers only.
No matter how alert Italian Prime Minister Giorgia Meloni is to the dangers, she just can’t seem to avoid provoking financial markets.
Two months after her government was rocked by news of a shrinking economy, a botched attempt to tax banks and last week’s worsening budget outlook have added to the risks haunting bond investors.