Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Italy's president asked economy minister not to resign - reports

Italy's president asked economy minister not to resign - reports
FILE PHOTO: Italian Economy Minister Giovanni Tria attends as Prime Minister Giuseppe Conte (unseen) speaks during his first session at the Lower House of the Parliament in Rome, Italy, June 6, 2018. REUTERS/Tony Gentile/File Photo Copyright  Tony Gentile(Reuters)
Copyright Tony Gentile(Reuters)
By Reuters
Published on
Share Comments
Share Close Button

MILAN (Reuters) - The Italian president called the Economy Minister on Thursday to ask him not to resign after the government targeted a budget deficit of 2.4 percent for the next three years, several newspapers said.

The papers said President Sergio Mattarella had asked Giovanni Tria to stay on to avoid market uncertainty.

Tria had initially wanted a deficit set as low as 1.6 percent next year, hoping to respect European Union demands that Italy progressively cut the fiscal gap to rein in its high debt.

(Reporting by Stephen Jewkes; Editing by Kim Coghill)

Go to accessibility shortcuts
Share Comments

Read more

Revisionism on social networks fuels Franco nostalgia among Spanish youth, experts say

Spanish regional leader Carlos Mazón steps down over handling of Valencia flash floods

Japan’s ruling party sets Sanae Takaichi to likely become first female PM