Sarah Gordon, the FT's companies editor, assesses the mood at the Ambrosetti workshop at Villa d'Este in Lake Como after European Central Bank president Mario Draghi unveiled a bond-buying programme. Franco Bernabè, Telecom Italia's chief executive and Peter Sutherland, former EU commissioner, give her their verdicts.
Filmed by Stephen Hignett. Produced by Veronica A Kan-Dapaah. Edited by Stephen Hignett and Veronica A Kan-Dapaah.