Europe
Draghi’s turmoil revives Italy debt crisis fears
4 years ago(FILES) In this file photo taken on June 28, 2022 Italy's Prime Minister Mario Draghi holds a press conference at Elmau Castle, southern Germany, at the end of the G7 Summit. - Draghi is scheduled on a two-day visit tomorrow to Algeria, a crucial gas supplier, in the wake of Italy's boycott of Russian gas. (Photo by Tobias SCHWARZ / AFP)
In a big case of Italian deja vu, political turmoil and the ECB's rate hike have reignited fears of a debt crisis, with all eyes on borrowing costs once more.