Italy’s FTSE MIB benchmark index rises as much as 1.3% to the highest intraday level since October 2008 and erases Covid-19-fueled losses. Top gainers include Stellantis +1.9%, Intesa Sanpaolo +1.4% and Eni +2.1%. While FTSE MIB Index has risen 14% this year, it’s lagging other major indexes like the DAX and CAC 40, which wiped pandemic losses months ago. Italy’s 10-year yield spread over Germany fell to a six-year low in February after the appointment of Draghi.