still had, we will hear from mario monti. he says campaign promises can't be broken. ♪ nejra: live from london, i am nejra cehic. this is the european close on "bloomberg markets." former prime minister mario monti joined bloomberg surveillance this morning where he discussed the italian elections and the fall off from different parties as was the job the ecb has done. francine lacqua asked him if he is worried that the ultracheap monetary policy from the ecb has taken away the risks we have seen in italy and therefore italian politics. : the ecb made an extremely smart monetary policy and president mario draghi has been very smart in mastering the qe and he still has the support. i personally believe the phasing out would be rather quicker than slower for some of the reasons that were mentioned for the u.s., but also for the european in italy for sure, a very accommodating monetary policy has on the perception of the needs to act on economic policy, on real policies. i believe that among the factors which explain why the ele

christopher and mario monti. up next, planning the divorce.ails are starting to emerge about what brexit will look like. this is bloomberg. ♪ this is "bloomberg surveillance." i'm francine lacqua. we are back with mario monti and christopher. first, let's get to the bloomberg first word news. nejra: president donald trump criticized the fbi, democrats, robert mueller's investigation, and his own national security advisor over russia's efforts to sway the u.s. election. hours,g 14 times in 24 trump focused on defending his victory and insisting neither he nor his campaign colluded with the effort. the "l.a. times" is reporting that rick gates, a former trump campaign aide, has agreed to plead guilty and cooperate with robert mueller. japanese exports and imports both registered strong gains in january. overseas shipments rose 12.2% while imports grew 7.9%. the increase resulted in the first monthly trade deficit in eight months. eurozone ministers vote today to replace ecb vice president vitor constancio. 'se head of latvia central bank has bee

francine lacqua spoke to mario monti.xclusive interview, they discussed the ecb, the euro and the upcoming election. made an extremely smart monetary policy and president draghi has been very smart and mastering the support for cutie -- four qe and still has the support. i personally believe that the phasing out will be rather quicker than slower. reasons that has been mentioned for the u.s. in european countries, italy for sure, a very accommodating monetary policy has on the perception on the need to act on economic policy, on real policies. i believe that the effect which explains why the electoral promises issued so liberally and so irresponsibly by all the political parties, one of the reasons is there is no feeling of pressure whatsoever. francine: what will we all to look like? is there a real danger that reform will be slow? also, there's a lot of parties offering tax cuts. how do you fund tax cuts? party,a positive is no either populist or not, has any longer in their program the idea .f leaving the euro they of