Napolitano stepped down earlier as we pre-empted yesterday

  • parliament to start voting in the election process on Jan 29

I don’t see this being a major price mover given everything else going on and Draghi made it clear earlier that he’s not in the frame

But hey, Italy and politics can always be relied on to provide some good copy ( Apols Alex/Luca !)

Napolitano - Has now resigned after holding the fort for a while

Napolitano – Has now resigned after holding the fort for a while