The euro still under pressure

Tensions between Italy and the Commission continue to put pressure on the euro. He flirted with 1.15 before losing 80 points this morning.

Uncertainty still hangs over the Italian budget. It is fueled by the divergence of statements between the Prime Minister and members of both parties to the government. The first tries to calm the tensions while the second one attack Europe. Following these tensions, European stock markets closed in the red yesterday.

The face-to-face meeting between Italy and Europe has only begun even though the government has announced that it wants to reduce its deficit to 2% of GDP by 2021.