Risk Italia Rankings 2012

Super Marios

RiskItalia Rankings 2012

Italy has seen a dramatic shift in fortunes over the past 12 months. On November 7 last year, Silvio Berlusconi was still in office, the country’s banks were struggling for funding and the 10-year Italian government bond was yielding 6.67% - it would peak roughly two weeks later at 7.17%.

Today, the country is under less pressure – the 10-year bond has been below 6% since the start of August – banks have some breathing space, and Berlusconi is gone. Two Marios – Monti and Draghi – the country’s

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