Salvini sees no danger to Italian government in coming months

Italian Deputy Prime Minister Matteo Salvini said on Monday he did not see any danger to the government in the coming months as it turns its efforts to new reforms after closing the budget for next year.

The Italian parliament passed the government’s 2019 budget on Saturday, just ahead of a year-end deadline, following a deal with the European Commission which calmed financial markets and averted a risk of fines against Rome.

“I hope this will be the last budget being approved after long and complicated negotiations with Brussels,” Salvini said in an interview with daily newspaper Il Corriere della Sera, adding that he hoped that European Union veto power on state finances would be overcome.

Reuters

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.