Lunedì, 22 Ottobre 2018
ROME

Narrowing spread no thanks to governments, says Berlusconi

English
© ANSA

Rome, February 12 - The narrowing spread between
10-year Italian bonds and their German benchmark is not because
of governments' efforts, but "thanks to European Central Bank
President Mario Draghi," ex-premier Silvio Berlusconi said on
Tuesday.
The leader of the center-right coalition told an ANSA
forum that "governments have no influence on the financial
markets".
The spread between 10-year Italian bonds and the German
benchmark, a key measure of investor confidence in Italy.
When outgoing Premier Mario Monti replaced Berlusconi as
premier in November 2011, Italy's debt crisis looked in danger
of spiralling out of control and the bond spread was over 500
points.
Monti, a respected economist, has been credited with
steering Italy from financial catastrophe and helping narrow the
bond gap.

© Riproduzione riservata

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