Italy has come up with a number of ideas concerning the country's economic future. Among other things, they're asking for debt forgiveness. ING Diba Chief Economist Carsten Brzeski tells DW what he thinks about it.
With a euroskeptic government coalition likely to take over the reins in Italy, fears are mounting that the problems in the eurozone's third-largest economy will only get worse. Financial markets are already jittery.
ECB governors have signalled greater confidence in the eurozone economy following a meeting of the central bank's rate-setting council. Policymakers dropped language of boosting the ECB's massive bond-buying program.
The idea that the European Central Bank would become so big and powerful was something that its founders did not expect 20 years ago. In fact it has become more powerful the more the monetary union has been threatened.
There's every indication that the ECB will announce a reduction in the scale of its monthly purchases of government bonds when it meets this Thursday. In truth, it has little choice in the matter.
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