1- Draghi: “Qe beyond 2017 if needed. Growth is solid, but inflation is not enough”
The president of the ECB confirms the continuation of the purchases at 60 billion until the end of the year and even beyond if necessary – “The recovery is consolidating but the risks persist even if they are now balanced” – “Inflation is not yet where it should be” – "Tapering discussion expected to happen in the fall." Read the full article.
2- Draghi doesn't shake the Bags. Fly the euro
The European stock markets are feeling the effects of the single currency which is further strengthening against the dollar and the yen: Milan closes a day in which Ferragamo and Recordati shine in slightly negative territory. Ferrari's rise continues. Tensions at the top penalize Telecom Italia. Wall Street is also slowing after the records of recent days. However, the Draghi effect is on the spread, which drops to its lowest since January. Read the full article.
3- Capital Mafia, 20 years for Carminati and 19 for Buzzi. But the mafia association falls
The Court of Rome imposed heavy sentences on the two "boss" defendants in the Mafia Capitale trial – Sentences also for Gramazio, Odevaine, Coratti, Brugia, Panzironi and Tassone – The total number of sentences inflicted was halved compared to the prosecutor's request: according to the judges there is no crime of mafia association. Read the full article.
4- Boeri: “The immigrants? Italy needs them”
The President of the INPS against the tide breaks a spear in favor of regular immigration. "With their work net positive balance of 5 billion for INPS coffers". And on the children's bonus: "It is not enough to change the propensity of Italians to reproduce". Read the full article.
5-Vaccine decree, ok from the Senate
32 amendments approved during the Senate examination of the vaccine decree. Changed some parts of the provision. The decree will expire on August 6, now it will pass to the Chamber. Tensions and arguments in the classroom during the explanations of votes. Read the full article.
