Comments by Italy's deputy prime minister Matteo Salvini
- Budget plan seeks to boost working productivity
- No backing down on deficit targets even if Italy-Germany 10-year yields spread widen to 400 bps
Salvini still sticking to the script there. The citizens' income was already touted to be about €15 billion previously and this is mainly in line with that. But the final comment there won't be something that will soothe bond investors surely. It may not be a major worry now but will surely be one that will have more weight in the long-term when we actually come to discussing actual plans for a deficit target for 2020 and 2021.
