After a black Monday for European stock exchange indexes, Piazza Affari opened with a bounce back of +3,23%. However, it immediately lost momentum while regaining it in the afternoon. Despite mixing short-term signals from the stock exchange, bear market seems to begin. Meanwhile, in line with previous daily indications, the Italian Stock Exchange regulatory body (Consob) has decided both a three months ban on short net positions- applied to all shares traded- and a three months regime of enhanced transparency on the equity investments held by investors in the 48 Italian companies listed with the largest capitalization and widespread shareholding. New restrictive measures have been taken by Government, through the Decree by Ministry of Transportation and Ministry of Health, which imposes a fiduciary isolation of 14 days to all people entering to Italy until 25th March, except for workers which enters in Italy for 72 hours - with a possible extension limit of 48 hours. Meanwhile, protests of autonomous and the opposition against the Decree Law’s limited resources have continued to escalate, forcing Minister of Economy and Finance Roberto Gualtieri to rectify that the 600 euros bonus will be a monthly entitlement until the end of the emergency and not anymore a lump sum. Furthermore, Deputy Economy and Finance Minister Laura Castelli presented another highly debated measure of the Decree Law. More in detail, it is provided a simplified guarantee for the immediate disbursement of 18-month loans of an amount of up to €3000 for business activities which have been damaged by the Covid-19 emergency. Salvini’s League, which brands itself as the spokesman of hard-hit SMEs, believes that the limit of €3000 can’t be enough and doesn’t fulfil the urgent needs of entrepreneurs. In the climate of uncertainty around the Decree Law, which officially has not been published yet in the Official Journal, Giorgia Meloni denounces rumors about improprieties regarding tax payments suspensions. According to Meloni, the Decree Law gives tax authorities two years more to ascertain suspended tax obligations. The control and rectification powers which would have expired at the end of 2020 will be postponed by two years, reaching 31 December 2022. At EU level, the European Union started today at 12:00 am CET the implementation of 30-day long new border management measures: a temporary restriction on EU and non-EU citizens who cross the external borders to enter the Schengen area, in an attempt to ease the fight against COVID-19, with possibility to reintroduce temporary border controls at internal borders due to health reasons. However, Member States must guarantee the free flow of goods and their supply chains. Meanwhile, EU is starting to pump out fresh credit lines through the European Investment Bank (EIB), deploying €40 bn to help fighting the economic downturn and concrete measures as the Temporary Framework State aid announced by Vice President Vestager this morning.