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M5S, League reach governing deal in Italy

Published 05/18/2018, 05:31 AM
© Reuters.  M5S, League reach governing deal in Italy
EWI
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HEWI
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FLIY
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  • Although they have yet to agree on a prime minister, Italy's Five Star Movement and the League have struck a deal on a common platform to bring a populist government to the eurozone's third largest economy.
  • Key points: Universal basic income of €780 per person per month, no mention of a referendum on membership of either the EU or the euro, and no plans to ask the ECB to cancel debt.
  • ETFs: EWI, HEWI, DBIT, FLIY
  • Now read: An Unconventional New Government In Italy


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