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Germany's Scholz sees no sign Italy will trigger euro crisis

Europe Materials 21 August 2019 10:38 (UTC +04:00)
There is no sign of a looming euro zone crisis due to political upheaval in Italy, German Finance Minister Olaf Scholz said on Wednesday
Germany's Scholz sees no sign Italy will trigger euro crisis

There is no sign of a looming euro zone crisis due to political upheaval in Italy, German Finance Minister Olaf Scholz said on Wednesday, reports Trend referring to Reuters.

Asked if he feared a new euro zone crisis, Scholz told German television:

“No, there is no sign of that.” Agreement had been reached with Italy on developing the European stability criteria even with the current government in Rome, he said. “And it looks as if a new government, perhaps with a different composition, will emerge.”

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