Salvini sees no danger to Italian government in coming months

Italian Deputy Prime Minister Matteo Salvini said on Monday he did not see any danger to the government in the coming months as it turns its efforts to new reforms after closing the budget for next year.

The Italian parliament passed the government’s 2019 budget on Saturday, just ahead of a year-end deadline, following a deal with the European Commission which calmed financial markets and averted a risk of fines against Rome.

“I hope this will be the last budget being approved after long and complicated negotiations with Brussels,” Salvini said in an interview with daily newspaper Il Corriere della Sera, adding that he hoped that European Union veto power on state finances would be overcome.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.