EU Recovery Plan Has Less Than 50% Chance of Passing: Rutte

The transcript discusses the cautious mood among European leaders regarding the recovery fund, highlighting differences between Southern European countries and frugal nations. It covers debates on the fund's size, format, and governance. Mark Rutte emphasizes the need for proper spending, while Giuseppe Conte seeks a favorable deal for Italy. Market reactions show optimism despite slow negotiations, with speculation about future summits and the impact on bond markets.

What challenges does Giuseppe Conte face in negotiating for Italy?

What implications could a delay in negotiations have on the bond market?