They admit, however, that Consob, the stockmarket regulator, has improved since Tommaso Padoa-Schioppa, a former deputy general manager of the central bank, became its boss in April.

ECONOMIST: Italy��s stock exchange

It is a problem Consob itself should be familiar with: since March it has been headed by Tommaso Padoa Schioppa, who was previously deputy general manager of the central bank.

ECONOMIST: Central banking

Kristina Johansson, general manager at the Bea's of Bloomsbury bakery in central London, estimated foot traffic was down by half since mid-last week.

WSJ: Menu