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Stratfor: Not so fast on Italy — expect conflict and trouble within the new coalition

Italy’s future government promises to break with the past.

The incoming coalition, made up of the anti-establishment Five Star Movement and the right-wing League party, has plans to reverse years of austerity measures, reassess Italy’s foreign-policy priorities and renegotiate its links with the European Union.

Many of the items on its agenda are expensive. Initiatives such as reducing the income tax, increasing subsidies for poor families and abolishing a recent reform that raised the retirement age, for example, stand to drive up public spending while diminishing state revenue.

Read:Billionaire George Soros: ‘The European Union is in an existential crisis’

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