Berlusconi win may prompt Italian bailout, says analyst

Victory by Silvio Berlusconi may be the best outcome from Italian elections this week as it “would scare the market,” prompting a bailout, said an analyst.

18th February, 2013
A Silvio Berlusconi win in the February 24th and 25th parliamentary elections would lead to higher Italian bond yields, said an analyst.

Victory by Silvio Berlusconi may be the best outcome from Italian elections this week as it “would scare the market,” prompting Europe’s fourth-biggest economy to get a bailout to lower borrowing costs, an analyst at Mediobanca in London said.

A Berlusconi win in the February 24th and 25th parliamentary elections would lead to higher Italian bond yields, Antonio Guglielmi said in a report today. Higher borrowing costs would offer “the perfect...

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