The Stability of Italy

Former Italian Prime Minister, Sylvia Belaskoni has passed away at the age of 86. How does this fit into things for Georgia, Meloni? Does his death make her arguably more powerful in Italian politics? Certainly his death leaves a vacuum. It's hard to say exactly what will happen. Tensions can increase. Things are looking up for her so far. Investors think she's relatively stable. But anytime Italian bonds become more expensive for the government, then the debt becomes almost unsustainable. And that's a big deal. Europe should care because a lot of Italian bonds are in banks all over the world and all over Europe.