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Italy's Giorgetti Hopes ECB Quantitative Easing Will Be Extended

From bloombergquint.com

Italian Cabinet Undersecretary Giancarlo Giorgetti said he hopes the European Central Bank’s quantitative easing program will be extended to help protect the country from financial speculators. Italy also needs to be credible to help shield itself, Giorgetti said in an interview with newspaper Il Messaggero. After the Genoa bridge disaster, the country may boost its extra spending request to the European Union, he said. The ECB under President Mario Draghi has “carried out a very important function these last few years,” Giorgetti told the newspaper. “I hope that the quantitative easing program will go forward.” The ... (full story)

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