Analysis: ECB faces Italian debt test as politicians intervene
Signs are seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo FRANKFURT/ROME, July 27 (Reuters) – The European Central Bank looks almost certain to face a test of its willingness to rein in excessive bond yields in the coming weeks as the world’s biggest debtor euro zone, Italy, is going to lead the elections that a right-wing bloc with a eurosceptic past is expected to win. The ECB, in an attempt to ease the impact of rising borrowing costs on Italy and other southern parts of the eurozone, said last week thatRead News