The president of the BCE from Bali in Indonesia, where he is participating in a major summit between the IMF and the World Bank, wanted to talk about the recent tensions between Italy and the EU Commission, "we wait for papers on the maneuver and calm the tone".
Phrases that want to temper the minds after the European Commission and the IMF-last Friday have even summoned the troika.
Draghi stressed that the Conte government changed the initial idea, ie the deficit will be at 2,4% only for 2019 and not for three years. Government officials judge the passage of Dragons to Bali an excellent sign. The governor of the ECB then addressed the Commission directly, "we know that there are procedures established and accepted by everyone, and there have been deviations: it is not the first time and it will not be the last, we must not dramatize. We need to tone it down and I am quite optimistic that a compromise will be found".
At the summit there was also a meeting between the Minister of Economy, Giovanni Tria, and the Commissioner for Economic Affairs, Pierre Moscovici from which the desire to "find a common solution" emerged.
Given that Italy does not want to leave the euro, the solution must be found between the parties, this is the proposal put on the table by the president of the ECB, where he said clearly that we must wait for the papers on the Italian maneuver. The will of Mario Draghi is also to ensure investors in the light of the opening of the bags.