The Germans do not like the protective shield of proliferation. Lagarde and Italy warned

At the end of the emergency meeting of the European Central Bank’s Governing Council on June 15, Joachim Nagel, president of the Bundesbank, was silent. This was the day the board itself had to address the underestimation that had been committed less than a week ago, when it announced a twofold hike in interest rates, in July and September, without thinking about protecting high-debt countries like Italy.

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