NEWS ANALYSIS

Long hot summer awaits Italy and eurozone ahead of polls

Key question is whether Italy will decide to exit from the eurozone, which would lead to a financial crisis in Europe

Eleven per cent of Italy's working population are jobless and the youth unemployment rate is a disturbing 32 per cent. Polls are indicating that the currently-sidelined right-wing coalition may further increase its majority in a new election.

PHOTO: BLOOMBERG

London

It is going to be a long hot summer for the eurozone ahead of expected Italian elections in coming months.

On Wednesday the euro and Italian stocks and bonds staged a brief rally. But with continual uncertainty over Italian politics and Brexit negotiations, investors are