Little update on Italy. The upcoming Prime Minister Conte is preparing his cabinet list. As you would remember two populist parties M5S and Lega have agreed on coalition and Prime Minister will be a lawyer with no experience in politics, Conte, It is expected that he will be highly influenced by M5s and Lega leaders.
Also it is expected that he may assign Paolo Savona for the Ministry of Economy. He was an economist who was criticizing Euro continuously. For a moment its only a speculation but tensions in Euro are increased after he left Euklid Fund two days ago where he was Director. It’s been announced by Euklid that he was released for significant public commitments in Italy.