In Italy, the main discussion point continue to be the next President of The Republic. I continue to support theidea that Mario Draghi will be the new one.
At the same time the resurgence of the inflation rate in EU and in US continue to influence the financial market moves. It is not a surprise that the ECB's stance is diffetent form the FED's ones, as EU Member States fears the increase in the interest rates, as this will imply an increase in the costo of the public debt.
While an higher inflation, will reduce the real cost of debt....And this time is not just an Italian Problem.
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