Italy stocks go from laggards to winners

Good run: Tourists look at the sunset at Piazzale Michelangelo in Florence. Italy is making waves in the European stock markets as good economic growth has powered shares. — Reuters

LONDON: In this year’s race between two peripheral European stock markets, Italy has left Spain in the dust mostly thanks to Mario Draghi’s reforms.

Fund managers and strategists see the gap between the two bourses widening further in 2022.