Paolo Scaroni: Not Expecting Major Reforms in Italy

The transcript discusses investor concerns about Italy, focusing on political uncertainties and banking issues. It highlights the need for electoral reform and the potential formation of a coalition government. The economic outlook is mixed, with growth but high unemployment. Banking problems, particularly with Monte Paschi, are significant. The discussion also touches on the need for EU-financed infrastructure spending and the impact of Brexit. Finally, it addresses the rise of populism in Italy, driven by rapid globalization and immigration.

What solutions are being considered for the banking issues in Italy?

What factors are contributing to the rise of populism in Italy?