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De Guindos does not believe that the Italian economy will be affected by a government led by the extreme right

MADRID, 26 Sep.

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De Guindos does not believe that the Italian economy will be affected by a government led by the extreme right

MADRID, 26 Sep. (EUROPA PRESS) -

The Vice President of the European Central Bank (ECB), Luis de Guindos, is confident that the country's economy will not be affected by a government headed by the extreme right in Italy, and hopes that this one will follow the same path as the previous one.

This has been pointed out by De Guindos in the cycle of

De Guindos has pointed out that the country's economy has done better than the European average in the last two years and that it has already recovered the level of income prior to the pandemic, at the same time that it is executing the distribution of European funds "with great professionalism".

In addition, its banking sector is doing better than a few years ago, with a level of doubtful credit that stands at around 3%. The problem, for De Guindos, is that his public debt is around 150% of GDP, but he has highlighted that he has a "very good" net investment position.

The result at the polls has been well received by investors, with which the Ftse MIB index, that of the Milan Stock Exchange, opened in the early stages of the session with an advance of 0.7%, which was lowered at noon up to 0.12%.

At 5:10 p.m., a few minutes before closing, the selective was trading with a much more pronounced rise, registering 1.37%.