On August 5, 2011, a historic event occurred: Italy's risk premium exceeded that of Spain.

The great mistrust of the markets in Silvio Berlusconi's hollow promises caused this turnaround.

Since then, the Italian cousin has only occasionally been below the Spanish, in 2012 and 2015. Italy has played at many times to be "the sick man" of southern Europe.

But the pandemic is changing this: Italy, which was the first European country in levels of contagion and

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