At least half and perhaps more of this universe will be excluded from ECB purchases, according to strategists, while debt sold by companies in France is likely to benefit the most from expanded QE in particular. France and Germany account for about a third of outstanding euro-denominated debt. Source: FT
Interior Minister Matteo Salvini on Saturday dismissed ratings agency Moody’s decision to downgrade Italy’s credit standing because of the government’s controversial budget plans and said the country’s outlook was “stable.” Source The Local
The Italian Ministry of the Interior, Matteo Salvini, announced on Saturday that Italian police officers would be sent to patrol the French border to prevent the French sending migrants over the border, after protesting against an episode on Friday in Clavière, despite being described as routine by France. Source Le Figro
The facts would go back to Thursday, and would have taken place in a class at Edouard-Branly high school in Créteil, according to Le Parisien. On the video footage filmed with Snapchat and published on social networks, we can see a high school student pointing a gun a few centimetres from a teacher’s face. Source Actu17
