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Snap election looks less likely in Italy; Focus on BOE decision to be on negative rate outlook


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ECB Economic Bulletin noted that the pandemic continued to pose serious risks to public health and to the euro area and global economies. Start of vaccination campaigns across the euro area was an important milestone in the resolution of the ongoing health crisis. Monetary stimulus remained essential to preserve favorable financing conditions over the pandemic period for all sectors of the economy
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German Fin Min Scholz stated that had to make a decision in coming days whether debt brake suspension would also occur in 2022
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Italy Viva Party leader Renzi stated that Draghi was the best person for the Prime Minister position

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