On Thursday 13 September, the President of the European Central Bank (ECB), Mario Draghi, levelled a thinly-veiled warning at Italy, a Eurozone country in which the cost of borrowing has risen due to uncertainty surrounding the economic policy of the Conte government.
“Our mandate is price stability under mid-term (…), not to ensure that government deficits will be financed under any conditions”, he said in response to certain voices in Italy that have expressed concern at the...