https://twitter.com/Schuldensuehner/status/1579508936503623681 #Italy 10y risk spread over Germany plunges a whopping 21bps on prospect of joint EU debt. #Germany will support joint issuance of EU debt to cushion blow of energy crisis as long as freshly raised money is disbursed to struggling member states as loans. https://t.co/Mg47su5eM4 https://t.co/iVza9lL6N3 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1579973781128646656 In case you missed it: #Germany and #Italy will slip into recession next year, becoming the first advanced economies to contract in the wake of Russia's invasion of Ukraine, revised IMF forecast showed. https://t.co/rKveB6BU5W https://t.co/y0oKG38TKL via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1583493746175266816 Far-right Meloni named #Italy's first woman PM. President Mattarella tasked Meloni w/forming govt after holding formal talks w/all parties in parliament. Shortly after she was named PM, Meloni appointed Giancarlo Giorgetti as EconMin, who served under previous Draghi govt. https://t.co/fhkBg8i0Kb via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1586247250224721920 Good Morning from #Germany, where supermarket prices are rising much faster than in other Eurozone countries. German Food CPI jumped 20.3% YoY in Oct, the highest food price #inflation since the start of the statistic. In #Italy, food inflation is just 13.8%, in #Spain 14%. https://t.co/OIJp64rxa9 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1590315039411798016 #Italy’s pensions will increase by 7.3% from next year to keep up with rising #inflation, bringing relief to households hit by soaring energy costs. Meloni govt targets 4.5% deficit in 2023. https://t.co/9wAGVm4CY8 https://t.co/lj0XMokd3w via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1597875752720281600 Good Morning from #Germany, where supermarket prices keep rising. German Food CPI jumped 21% YoY in Nov, the highest food price #inflation since the start of the statistic & way higher than in other Eurozone countries. In #Italy, food inflation is just 14% & in #Spain 16%. https://t.co/s8Rn5CzV5d via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1601855567445860353 In the coming year, Bank of #Italy is not expected to transfer €5.6bn to state. This is b/c interest will have to be paid on Target2 liabilities after ECB has raised rates. Italy’s Target2 liabilities within ECB’s Eurosystem have slightly dropped to €660bn, ~30% of Italian GDP. https://t.co/UeD5p6uaCo via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1603384210470961152 #Italy 10y risk spread jumps by 11bps to >200bps following QT announcement. QT will start in March, and the avg monthly decline in bonds will amount to €15bn until the end of Q2 2023. https://t.co/u8nrvlkHct via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1603395950960996352 #Italy 2y yields jump by >30bps following hawkish #ECB. https://t.co/po3dPwLvk1 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1603730712594731011 DRAGHI TO THE RESCUE? #Italy ramps up #ECB criticism as bond spread w/Germany widens. DepMin Salvini joins Defense Minister Crosetto (close Meloni ally) in slamming Frankfurt monetary action. Italy 10y risk over Germany spread has jumped to 215bps. https://t.co/iOR8UmMUwK https://t.co/rNBB18hqWX via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1607700093876019200 #ECB to the rescue? #Italy's 10y yields on course to 5%. With public debts of almost €2.8tn, this will be expensive for Rome in the long term if yields remain this high for a long time. https://t.co/tpOAaJzhP2 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1621784662178660353 Good Morning from #Germany, where competitiveness vis-à-vis other countries of the #Eurozone has deteriorated. Meanwhile, #Greece is once again more attractive than Germany in terms of unit labor costs. But at least we have recently made up some ground against #France and #Italy. https://t.co/AAw5uLGoXq via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1660756016709902337 Spread between #Greece's and #Italy's sovereign debt hits record low minus 45bps after PM Kyriakos Mitsotakis’s election victory. 10y Greek yield dipped by 15bps to 3.85% while Italian debt yields 4.3%. https://t.co/57b6S3Sqmf https://t.co/8950xnYoTv via @Schuldensuehner