ECB Forced to Go to Corporate: Silipo

The transcript discusses the challenges faced by the European Central Bank (ECB) under Mario Draghi's leadership, particularly in implementing quantitative easing (QE) without causing market disruptions. It highlights the divide within the ECB and the European Union regarding economic strategies. The discussion also covers the reforms in Italy and France, the potential risks of buying corporate bonds, and Germany's economic stance. The ECB's credibility and the complexity of managing market expectations are also addressed.

What reforms are being discussed in relation to Italy and France?

What are the potential consequences of Draghi's decisions on corporate bonds?

What does the text imply about the credibility of the ECB and its actions?