Italy's Tria: will remain as finance minister to avoid "chaos"

Omkar Godbole FXStreet Contributor

Italy's finance minister Giovanni Tria has said that he will continue to hold his post to avoid "chaos", according to a report by Republicca.

The world's third-most indebted nation set a budget deficit target of 2.4 percent of gross domestic product (GDP) for the next three years, defying the EU's demand that it progressive cut the fiscal gap to control the rising debt-to-GDP ratio.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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