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2021/02/08 / Erste Group Research

Italy's President Mattarella has entrusted ex-ECB President Mario Draghi with the formation of a government in the highest emergency. Italy needs a government capable of acting quickly in the pandemic after ex-Premier Conte failed in this task. The next stimulus package of up to USD 1.9 trillion is currently being negotiated in the US. An additional massive spending package carries the risk that the economy will receive too much stimulus and thus inflation will rise somewhat. In the Eurozone, inflation has already risen surprisingly strongly to +0.9% in January.

General information

AuthorErste Group Research
Date2021/02/08
Languageen
Product nameVideo
Topic in focusEquities, FX, Macro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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