Details of the government plan is being released now

  • Urges review of EU fiscal rules and economic governance
  • Sanctions against Russia should be cancelled immediately
  • Seeks 15%, 20% tax rates for companies, individuals respectively
  • Plans to cancel next year's automatic VAT, excise taxes increase

Earlier release of the programme says that they would also include a "limited" deficit spending in order to boost growth in the country.

The finalising of the government programme is boosting up Italian yields once again with 10-year yields now up to 2.18%, up 6 bps on the day.

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