Policy makers are not doing their job properly in order to support the euro,
More Quotes from Lorenzo Codogno:
It's not that clear cut that intervention will have an impact, ... What appears to be driving down the euro are money flows out of the euro zone. If this is the case, it is not the optimal moment for currency intervention.Lorenzo Codogno
The government was very reluctant to take a position because it's a very delicate situation, but now they are really turning the pressure on.
Lorenzo Codogno
Despite oil price tensions and strengthening domestic demand, the inflation performance remains subdued. Barring another oil spike, the headline rate is likely to ease further during the course of the year.
Lorenzo Codogno
He certainly has political aspirations, and I don't think it will be the end of his career if the center-right loses. He will play an important role in the future of Italian politics.
Lorenzo Codogno
It's no surprise that the pressure is back on. At the end of the day, China allowed their currency to appreciate, but because they did so only marginally, there is disappointment elsewhere.
Lorenzo Codogno
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