The Italian right’s decisive election victory puts its leader in line to be the country’s first female prime minister and the first to claim an unambiguous post-Fascist lineage. But there is little reason to believe it will change Italy’s course in ways that matter either to markets or to the country’s international partners.
LONDON – When a “shock” or “extremist” election result comes with record-low voter turnout and a big yawn from financial markets, it is time to find new descriptors. The decisive victory in Italy’s general election by the coalition led by Giorgia Meloni’s Brothers of Italy party, putting her in line to be the country’s first female prime minister and the first to claim an unambiguous line back to Benito Mussolini, is certainly striking. But there is little reason to believe it will change Italy’s course in ways that matter either to markets or to the country’s international partners.
LONDON – When a “shock” or “extremist” election result comes with record-low voter turnout and a big yawn from financial markets, it is time to find new descriptors. The decisive victory in Italy’s general election by the coalition led by Giorgia Meloni’s Brothers of Italy party, putting her in line to be the country’s first female prime minister and the first to claim an unambiguous line back to Benito Mussolini, is certainly striking. But there is little reason to believe it will change Italy’s course in ways that matter either to markets or to the country’s international partners.