Italy’s Deputy PM Di Maio believes dialogue with Brussels on budget will produce positive results
Livesquawk cites some optimistic comments from the Italian Deputy Prime Minister (PM) Di Maio on the EU-Italian Budget dialogue.
Main Headlines:
Expects Italian yields spreads will fall when we draft pension and income support reform.
Many spending cuts can be made to ensure 2.4pct deficit target is met.
Will cut at least 200 useless laws, will help cut spending.
Doesn’t believe the EU will levy fines on Italy.
Believes dialogue with Brussels on the budget will produce positive results.
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
