The government is asking Brussels for more flexibility but is not making use of the flexibility it already has. Italy has chosen to pay more interest on its debt by using only 8 billion out of 15 of the EU defence funds

The Prime Minister is at loggerheads with Istat over its underestimation of GDP, whilst the minister hails the low estimates as a credit to the government.

Until September, the focus is on the younger generations. From October, when the focus shifts to budget allocations and securing votes ahead of the elections, attention turns elsewhere

Amid a high deficit and the Mélenchon risk, funds are selling OATs and buying BTPs

The PD secretary wants the windfall tax introduced immediately and on its own, whilst the wealth tax should only be implemented ‘at European level’. The Minister for the Economy takes the opposite view. However, this is not driven by any EU policy, but by what is politically most advantageous based on the latest opinion polls

The Deputy Prime Minister has chosen his catchphrase for the summer, whilst the regional governors are drafting a document. Now everything depends on Giorgetti’s ‘decision’