Draghi’s drugs fuel govvie feel-good factor as Italy, Spain sentiment improves

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Draghi’s drugs fuel govvie feel-good factor as Italy, Spain sentiment improves

Any market concerns over the Republic of Italy having to dig deep to find an extra €50bn of funding over two years were eased this week as Mario Draghi, president of the European Central Bank, indicated that he stood ready to take action if the eurozone economic situation deteriorated further, write Craig McGlashan and Tessa Wilkie.

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