Economics
Salvini, on Campaign Trail, Says Italy May Break EU Rules
- League leader looks to retake initiative in run-up to EU vote
- Frenemy Di Maio rips Salvini on comments, without naming him
Matteo Salvini
Photographer: Akos Stiller/BloombergThis article is for subscribers only.
Deputy Prime Minister Matteo Salvini sent ripples through financial markets on Tuesday, saying Italy could be ready to break European Union fiscal rules, on the same day his coalition partner called on him to stop “fanning the flames” with critical comments about the government.
“If we need to break some limits, like the 3% or the 130-140%, we’ll go ahead,” League party chief Salvini told reporters in Verona, while campaigning ahead of this month’s European parliamentary elections. Salvini was referring to the bloc’s limits on budget deficits and government debt as a share of economic output.