According to a report by news agency Ansa
The citizens' income or universal income proposal is among the flagship agenda by Italy's Five-Star Movement party and is what Di Maio has constantly been preaching, as he did earlier in the day here.
Looks like we're seeing a possible end to the "good cop, bad cop" role? For some context, Tria has been pushing for the budget to come in around 1.5% to 1.8% in his latest remarks. That translates to something around €5 billion or less and likely gradual steps have to be introduced by Italy's government when it comes to the citizens' income.
That's not something that Di Maio would like I reckon. As mentioned before, the target can be set under the 3% limit of the EU. But at the end of the day, if fiscal actions don't correspond with it then it really doesn't matter and we'll be heading for a real headache on Italian debt in 2019.
Update: Reuters is now reporting that a senior Five-Star source is saying that there is tensions over budget resources but there are no threats to remove Tria.
Italian bonds are being taken for a ride in all of this. 2-year yields jumped to 0.82% but is now off the highs following the Reuters headline:
