August 03, 2022
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EA: Solidarity Comes Second

  • Italy’s right-wing parties should note that what Germans widely perceive as a lack of EU solidarity in last week’s gas deal will likely spill over into Berlin’s demands for stiff conditionality attached to support from the ECB’s Debt Transmission Instrument.

By Alastair Newton

July 25, 2022
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Italy: Et Tu, Brute?

  • Some experts believe that Mario Draghi sprung “a trap” last week. However, if what I see as a coincidence of circumstances did indeed create a trap of some sort, the 25 September general election may reveal it to be one into which Matteo Salvini, rather than Mr Draghi, has stepped.

By Alastair Newton

July 20, 2022
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UK: Conservative Party Leadership Act 2

  • As we move to the broader ballot to determine who will be the next UK Prime Minister, Liz Truss is the clear favourite. However, despite her differences with Rishi Sunak over the timing of tax cuts, it may, in practice, make little difference which of them prevails.

By Alastair Newton