Back

Italy’s Deputy PM Di Maio: EU election will shake up politics, help Italy

Reuters reports Sunday’s comments by the Italian Deputy Prime Minister and leader of the 5-Star movement party Luigi Di Maio, with the key headlines found below.

Rome and Brussels could avoid a collision, predicting that the Commission would take a different approach after May’s elections which might boost anti-austerity parties.

“...citizens will vote in the European elections and will cause a big shake up,”

“We are ready to discuss things around a table, but they cannot ask us to massacre Italians.”

Government was willing to sell real estate assets, reduce waste and introduce safeguard clauses to ensure the deficit will not exceed the target of 2.4 percent of output in 2019. But he said: “The main reforms of the budget must remain in place”.

AUD/USD Technical Analysis: Inverse head-and-shoulders breakout confirmed, trade tensions may cap gains

Daily chart As can be seen above, the spot closed at 0.7330 on Friday, confirming an inverse head-and-shoulders breakout. That only bolstered the
Mehr darüber lesen Previous

Fed: See a gradual hiking path, but sense a subtle shift in tone - Morgan Stanley

In its latest client note released on Sunday, economists at Morgan Stanley offered their view on the Fed’s monetary policy outlook in the coming month
Mehr darüber lesen Next