Star Movement

Holding thumbs for Mario Draghi

Calling on former ECB chief Mario Draghi to form a coalition government may have been Italian President Sergio Mattarella's option of last resort, other than calling early elections. And Draghi, "the Italian who saved the euro," could just turn out to be "the European who saves Italy," as former prime minister Matteo Renzi, put it.

10-yr bond yield below 1.6 pct

The yield in Greece's 10-year Treasury bond continued to dive on Thursday, outpacing even Italy's where the rally was fueled by the agreement between the Five Star Movement and the Democratic party to form a coalition, pushing Lega Nord and its controversial leader, Matteo Salvini, into the opposition.

At Least 400 People Left Homeless by Etna Volcano Earthquake

At least 400 people have been left homeless by the 4.8-magnitude earthquake that struck towns near the Mount Etna volcano, Italy's Civil Protection Agency said Thursday, quoted by Gulf Times. 

The agency said it was looking after 406 people affected by the December 26 event, meaning that it was providing emergency food and accommodation for them.

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