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In light of the ongoing lock-down, Italian....>

ITALY
ITALY: In light of the ongoing lock-down, Italian policymakers are reported to
be considering an increase of fiscal stimulus to E10bln to E7.5bln.
- BTP futures have been relatively unresponsive so far. 
- Italian industrial production data will be released at 0900 GMT. This is the
January print, so will be considerably out of date given the severity of the
combined supply and demand-side shocks in the last two weeks as the quarantine
efforts have intensified. 

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