Euro and markets shrug off Italy ‘crisis’ as prime minister Renzi resigns after ‘No’ vote on his constitutional reforms

Jon Jonsson, senior portfolio manager of Global Fixed Income, at Neuberger Berman discusses in This is Money the impact of the Italian referendum on the Italian economy, claiming that the ‘no’ vote will reduce confidence in the recovery of the economy. It is also likely to increase uncertainty coming from the rising scepticism from the euro, as well as negatively impacting Italian government bonds and risky assets in Europe.