ECB: "Market fears over the Italian maneuver have increased" – Economy



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"In the euro area, market concerns regarding Italy's budget plans have increased compared to May". The ECB highlights this in the Financial Stability Report, published in May and November, explaining that "the tensions over Italian government bonds remind us of how quickly the uncertainty of the policy can lead to a change of confidence in the attitude of the market and increase of the risk premium ".

The construction auction is complete

"The losses observed in the Italian financial market over the last six months due to political uncertainty have not extended significantly to other countries in the euro area". The European Central Bank writes in its report on financial stability.

"The image of financial stability in the euro area has become more difficult than in May". The ECB explains that "on the one hand, the economic growth and greater resilience of the banking sector have continued to support financial stability in the euro area and that a series of volatility factors are not It is not extended to the entire global financial system "but, on the other hand," the risks to global growth prospects have become more pronounced since May because of the resurgence of protectionism and tensions in emerging markets ". And according to Frankfurt, the Brexit "also represents a risk" for financial stability in the euro area and warns banks and all financial institutions "to prepare for any outcome", even a "no agreement".

Count on Parliament on December 12 on the Council of the EU – Council President Giuseppe Conte will report to the European Parliament on Wednesday 12 December on the European Council. It is learned in the end by the group leader in the House. The prime minister will be at 9.30 am in Montecitorio and in the afternoon in the Senate.

And on December 10, the count will meet the unions. The unions asked for this appointment to discuss the "criticism" of the maneuver.

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