New Market Report: Italy Business Forecast Report Q1 2014
The grand coalition of centre-right Prime Minister Enrico Letta was strengthened by the emergence of a more moderate centre-right party led by Deputy Prime Minister Angelino Alfano, who broke from his long-time ally Silvio Berlusconi by pledging his continuing support for the government. Although this bolsters the prospects for fiscal and structural reform, we continue to believe that progress will remain painfully slow.
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