Rule reminder

Italian economic journalism uses specific fixed phrases: 'Il PIL segna un +1,2%' = GDP grows 1.2%; 'Lo spread vola a 300 punti' = the spread spikes to 300 points; 'La borsa chiude in rosso/verde' = the market closes down/up; 'Il governo vara la manovra finanziaria' = the government launches the budget law; 'L'Europa apre i mercati in calo' = European markets open lower; 'Fitch/Moody's taglia il rating' = ratings agency downgrades Italy.