The ECB is drying up quantitative easing and will 'withdraw', in 2023, from owning government bonds in the Eurozone and also in Italy. Foreign investors are returning, attracted by good returns and families flocked en masse to subscribe to BTP issues.

On the other hand, banks are decreasing, holding, according to the latest data from the Bank of Italy in January, 347 billion euros compared to 381 a year ago. It will be seen from the next official data whether the percentage of debt held in Italian hands has grown or not.