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The political crisis puts pressure on the Italian bond before the ECB

MADRID, 21 Jul.

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The political crisis puts pressure on the Italian bond before the ECB

MADRID, 21 Jul. (EUROPA PRESS) -

The possibility that Mario Draghi will resign from continuing to lead the Government of Italy puts pressure on the transalpine debt again this Thursday hours before knowing the result of the meeting of the Governing Council of the European Central Bank (ECB), which will announce the first rise in interest rates in the euro zone since 2011.

The interest on the Italian bond with a ten-year maturity this morning exceeded 3.6% for the first time since the beginning of July, after the political crisis in the Italian Government was reopened yesterday, which may lead to the resignation of Mario Draghi as Prime Minister.

In this way, the risk premium offered to investors by ten-year Italian bonds with respect to the German 'bund' increased above 230 basis points, after yesterday it had been reduced to just over 200 basis points .

The political crisis in Italy coincides with the historic meeting held this Thursday by the Governing Council of the ECB, which will undertake its first rise in interest rates since 2011 and possibly offer details on its new tool to combat fragmentation in the debt markets .