Reuters is out with a report from Corriere, an Italian daily newspaper, citing that Five-Star and Lega government deal dropped the European Central Bank’s (ECB) request for the debt write-off.
The EUR 250 bn debt write-off request to the ECB has been dropped.
The EUR 250 bn public debt should not count towards debt-to-GDP ratio.
Government draft holds no explicit reference to the Euro.
Includes pledge to review European treaties.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.