Free Trial

MNI SOURCES: Italy To "Stretch" But Not.......>

ITALY
- Bonds & Currency News | Market News" >
ITALY: MNI SOURCES: Italy To "Stretch" But Not Break 3% Deficit Rule:
* Italy's coalition government is ready to fully "stretch" the EU's 3%
deficit-to-GDP rule but without breaching it and will not ask the European
Commission for any extra fiscal leeway, a government source with links to the
Lega party told Market News.
* The source's comments compared to reports by Italian newspapers that the Lega
was pushing for a deficit of just above 2%, while Finance Minister Giovanni Tria
wants to limit it to as little as 1.5%.
* For full article check email/Main Wire at 0946BST or contact us.
- Bonds & Currency News | Market News" >

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.