POLICY COMPASS

Flash Review: Italian Regional Elections and Referendum End Up Stabilising The Government

By Brunello Rosa

22 September 2020

In this paper we discuss:

• The result of Italy's constitutional referendum;
• The result of Italy's regional elections in Liguria, Veneto, Marche, Toscana, Campania, Puglia and Valle D'Aosta;
• Why these results end up stabilising the incumbent governing coalition;
• The political, policy and constitutional consequences of these results;
• Why a snap general election before March 2022 is now unlikely; and
• The market implication of all the above.

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