Italy's Di Maio: If things continue like this, Tria can go home

Author: Justin Low | Category: News

Italy's deputy prime minister Luigi Di Maio is upset over budget talks yesterday


There was a high-level government meeting that took place yesterday on the budget, and looks like things are not going well still. Tria looks to be standing his ground to hold the deficit around 1.5% to 1.8% and that continues to upset Di Maio and Salvini.

Di Maio says that "they didn't really understand anything at all" before mentioning the headline comments, when asked about the meeting. It is reported that the meeting concluded with ministers unwilling to approve the citizens' income proposal by Di Maio and his Five-Star party.

The citizens' income proposal by Di Maio will translate to about €15 billion in terms of the budget deficit calculations, or roughly 1.5% and that is pretty much the entirety of what Tria wants to keep the deficit at.
ForexLive

It's setting up for quite the showdown over the next two weeks.

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