The stop by the ECB on the purchase of government bonds charged the center-right against the central bank on the last day of the administrative campaign. “The ECB, the Commission and the European Parliament have launched an attack against Italy, there are those who speculate and want to sell us out like Greece”, the alarm from Matteo Salvini, who called an urgent meeting of the League on Monday, to “react immediately to defend the work and savings of Italians “. Tensions intertwined with those on the European vote on the electric car, which compact the center-right once again against a troika that is by no means considered such by the Democratic Party and even less by the government. For Antonio Tajani “Mrs. Lagarde could have waited a few months”, and denies the president of the ECB that it would have been “more correct to wait until the price of energy falls and then decide”. Giorgia Meloni defines Frankfurt’s move as “untimely and inopportune”, because “we are not now in a position to review quantative easing”, the policy of “creating money” by buying government bonds. The leader of FdI hopes that Prime Minister Mario Draghi will use “his presumed authority to ask for compensation for the nations that will pay the most”.
It is difficult to expect loud reactions from the executive. The ECB decides autonomously and Draghi does not usually comment on the moves of the institution that led eight years until 2019. “The ECB will perhaps or certainly stop buying securities – observed the premier at the beginning of May -. I do not expect for the moment. great trauma “. The rate hike “was announced at least six months ago. But to realize it you need to know what it is and worry about something other than the best slogan”, Luigi Marattin’s (Iv) criticism of Salvini who spoke of an “evening to morning” announcement. P.
completely unprecedented routes. As when the Northern League in September 2014 called the reduction in rates a “bullshit”, indicating the “only solution to dissolve the euro”. Now Salvini denounces “an attack on the life and economy of the country”, while Enrico Letta launches an appeal to responsibility: “Each additional fibrillation in the government has negative effects on the debt. Italy, due to its public debt, seriously risks with this market instability “. There is no shortage of doubts in the center left. The turning point of the ECB “will create new difficulties for families. We have all the ingredients for an explosive mixture”, according to the president of the M5s Giuseppe Conte. Leu fears it will push “the eurozone into recession”. While for Carlo Calenda (Action), Lagarde took an “inevitable, but also somewhat useless” decision, because to cool down inflation instead “a ceiling on the price of raw materials” is needed.
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