Wolfgang Schaeuble, Finance Minister in Germany, tries to slow down the enthusiasm for the words of the President of the ECB Mario Draghi in recent days. This had opened up, from the central bankers' summit in Jackson Hole in Wyamonig, to the possibility of a massive intervention by the central bank in buying government bonds in the Eurozone, words that guaranteed the yields of Italian BTPs to an all-time low - at 2,4. XNUMX% yesterday.
The German minister, on the other hand, said he was surprised by the interpretation "read too much in one direction" of Draghi's speech which would have "been misunderstood", according to Schaeuble, interviewed by the German newspaper Passauer Neue Presse.
In the same interview, the head of the Berlin finance department then insisted on the need for rigorous policies which, when applied – the reference to Italy is clear – have given excellent results. Speaking of Germany, he confirmed that the current economic situation sees Berlin suffer, albeit slightly, and affirms that a rise in prices of around 2% is likely, with peaks of 3,5% at a nominal level.
