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MILAN/AMSTERDAM(Reuters) - Italy’s new Prime Minister Mario Draghi may boost the appeal of his government’s bonds for foreign investors, and could even push their risk premium over German debt to the lowest level since the euro zone debt crisis.
FILE PHOTO: New Italian premier Mario Draghi presides over his first cabinet of ministers reunion after the swearing-in ceremony, at Chigi Palace Premier s office, in Rome, Italy February 13, 2021. Andrew Medichini/Pool via REUTERS/File Photo
Known as ‘Super Mario’ in his time as head of the European Central Bank, Draghi is widely expected to re-write Italy’s plans for how to spend more than 200 billion euros ($240 billion) of EU funds and overhaul the public administration to guarantee it is well spent.
Draghi fever may drive Italian risk premium to post-crisis low
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UPDATE 2-Euro zone government bond yields higher after Ifo boost
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