Conte Says Lockdown in Italy May Ease Earlier Than Planned

Source: Bloomberg Business - View Original Article
Published: May 10, 2020
Category:
Bias Rating:

86% Liberal


Bias Score Calculation:


Policies:

European Union

Sentiments

98% "The Rome government estimates output will fall 8%, while Bloomberg Economics sees a 13% contraction.""
90% "Italy's economy will shrink by 9.5% this year, the European Commission said Wednesday.""
89% "If the situation remains under control on the epidemiological level, we'll be able to agree some earlier moves with the regions.""
87% "Ex-premier Matteo Renzi, who leads a small coalition ally and has blown hot and cold on continuing to support the government, has yet to ..."
86% "Prime Minister Giuseppe Conte said he may further ease Italy's lockdown earlier than planned, while urging the European Union to ensure that resources from ..."
83% "The resources must be brought forward through a bridge loan, a front loading which makes them available already in the second half of 2020, ..."
78% "The premier didn't rule out resorting to credit lines linked to the European Stability Mechanism, which populists within and outside his coalition have portrayed ..."
66% "Italy partially eased the lockdown on May 4, allowing manufacturing and construction companies to restart, with shops due to reopen on May 18 and ..."

We have listed the top 10 sentiments. More sentiments do exist. Please review the full article for more information.



*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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Contributing sentiments towards policy:

98% : The Rome government estimates output will fall 8%, while Bloomberg Economics sees a 13% contraction.
90% : Italy's economy will shrink by 9.5% this year, the European Commission said Wednesday.
89% : "If the situation remains under control on the epidemiological level, we'll be able to agree some earlier moves with the regions.
87% : Ex-premier Matteo Renzi, who leads a small coalition ally and has blown hot and cold on continuing to support the government, has yet to say how his party will vote.
86% : Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.
86% : Prime Minister Giuseppe Conte said he may further ease Italy's lockdown earlier than planned, while urging the European Union to ensure that resources from a new recovery fund are available in the second half of the year to help the country's devastated economy.
83% : Conte, under pressure from coalition allies, regional and business leaders as well as public opinion after two months of containment measures to counter the coronavirus, told newspaper Corriere della Sera that ahead he sees "a sharp fall in GDP and the economic consequences will be very painful."
83% : "The resources must be brought forward through a bridge loan, a front loading which makes them available already in the second half of 2020, for those countries which are most affected by the pandemic," Conte said.
78% : The premier didn't rule out resorting to credit lines linked to the European Stability Mechanism, which populists within and outside his coalition have portrayed as a sell-out to Brussels and carrying the stigma of the painful bailouts of the last decade.
66% : Italy partially eased the lockdown on May 4, allowing manufacturing and construction companies to restart, with shops due to reopen on May 18 and bars, restaurants and barbers scheduled to begin operating again on June 1, a date that may be brought forward.
63% : An Ipsos survey published in Corriere on Saturday showed 58% of Italians want all economic sectors to restart as soon as possible.
53% : Assistance from EU institutions is vital to limit the economic damage, including a European Commission proposal for a recovery fund jointly financed by member states.
48% : : Europe Agrees on $260 Billion Credit Lines to Stem Fallout Conte's coalition faces a test as early as this week after Matteo Salvini of the anti-migrant League called for a parliamentary vote of no confidence in Justice Minister Alfonso Bonafede, who is under fire over mafia bosses being granted house arrest to limit the spread of the coronavirus in prisons.
28% : "We're gathering the data from the latest monitoring and with the experts we're defining clear safety rules for workers and customers," Conte said.
27% : Conte said Bonafede would continue to serve as a minister "with his head high."

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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