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Italy ready to adjust budget measures if markets react negatively

Europe Materials 23 October 2018 11:46 (UTC +04:00)
Italy’s coalition is prepared to adjust measures in its contested 2019 budget should markets react negatively
Italy ready to adjust budget measures if markets react negatively

Italy’s coalition is prepared to adjust measures in its contested 2019 budget should markets react negatively and the spread between the ten-year government bond yields compared to the German ones spike, Reuters reports citing daily il Messaggero.

The government’s ‘plan B’ would involve redefining the retirement measures and the basic income for the poor, two key points of its expansionary budget, il Messagero reported, without giving details of its sources.

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