Italy's Bond Angst Shapes Meloni Strategy From Defense to Banks
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For Italian Prime Minister Giorgia Meloni, the debt crisis that caused Silvio Berlusconi's downfall remains such an unnerving memory that it keeps driving her decision-making.
From boosting defense spending to fretting over insurer Assicurazioni Generali SpA and trying to direct banking consolidation, the premier's approach is shaped by the still-vivid trauma of seeing her political mentor felled by financial markets more than a decade ago, according to people familiar with her thinking.
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