Lega Nord

Italian minister warns ECB of risk from higher interest rates

The outlook for the Italian economy is improving but higher interest rates designed to curb inflation could pose a threat to growth, Italy's economy minister said on April 1, sending a warning to the European Central Bank (ECB).

"Fighting inflation with monetary policy is not enough, recession cannot be the price paid for fighting inflation," Giancarlo Giorgetti said.

Europe’s Far-Right Exploits COVID-19 for Anti-Refugee Propaganda

Police check at the Port of Piraeus, Greece. Photo: Aggelos Barai

Just a few days earlier, on February 28, Matteo Salvini, Italy's former interior minister and leader of the country's most popular party, the right-wing League, openly accused African migrants of bringing the virus to Italy.

Rome is Preparing a Strategy to Avoid Excessive EU Sanctions Because of the Budget Deficit

Coalition leaders in Italy have agreed on the need to avoid EU disciplinary measures because of the excessive debt and the worsening budget deficit. That became clear late last night at a meeting of the Prime Minister Giuseppe Conte with his runners-up and government ministers - the leaders of the League and the 5-star Movement  parties Matteo Salvini and Luigi di Maio.

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