Home ECB’s de Guindos: The problem with Italy is low growth

ECB’s de Guindos: The problem with Italy is low growth

Updated: 29 May. 2019 | 10:47

The problem with Italy is low growth. Any controversy between the Italian government and European Commission on fiscal rules is reflected in widening yield spreads, said ECB vice president Luis de Guindos. Implementing countercyclical buffers in some countries is appropriate, de Guindos added further.

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