Comments from Italy's Tria
In recent years France has always had a deficit much higher than Italy's and continues to have
We decided to do a budget that's "very moderately expansionary"
Out debt has grown less than France in recent years and this should be considered
Discussion with EU continues, our plans aren't changing
Doesn't see a prejudice against Italy but prejudice against its economic ideas
Italy decides to play some 'whatabout-ism'. That's fair. I don't think the EU would be so standoffish if Italy was doing something more mainstream with the deficit, like a business tax cut.
Tria also said he hoped Italian bond yields would fall once the market realizes that a 2.4%-deficit-to-GDP was a maximum.
