By Paolo Pizzoli, Senior Economist, EMU, Italy, Greece
Despite reassuring comments from Matteo Salvini, the extremely polarised result of the European election in principle increases political uncertainty, in our view. The chances that the League could eventually decide to cash in and go for early elections have now increased.
Big win for Salvini, big loss for Di Maio, with gap unmatched by any past opinion polls
The official result of inward-oriented European elections went well beyond what exit polls had anticipated. The League won hands down, getting 34.3% of the vote (from 17% in