Draghi Government Could Be The Timely Headwind Italian Banks Need
Piergiacomo Braganti (Wisdom Tree) | Entrusting Mario Draghi, former governor of the European Central Bank, to form an institutional Government had the immediate and visible effect of pushing the 10 Years BTP/German Bunds spread below 100 bps, at the lowest level since 2015. It revamped investors’ interest in Italian banks.
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