Visco, the debt-growth puzzle, Draghi has no magic wand

(ANSA) - ROME, FEBRUARY 10 - "I don't know if the president of the council in charge (Mario Draghi ed) will have the magic wand to solve the problem" of "an increase in public debt" due to Covid and the anti-crisis measures it must " be aimed at generating employment ". This was stated by the governor of the Bank of Italy Ignazio Visco at the hearing of the commissioned'investigation on banks, underlining how it is "a very difficult problem". Visco stressed that our central bankers continue to say that "the exit from extraordinary measures must be gradual and progressive". (HANDLE).