Economics
The Job of Italy's Finance Minister Isn't Getting Any Easier
- Bond yields rose on rumors that Tria had threatened to resign
- Analysts say Tria is unlikely to go sooner, but possibly later
This article is for subscribers only.
Italian Finance Minister Giovanni Tria is being squeezed between investor demands to uphold European Union rules and the extravagant spending plans of his fractious coalition.
Caught in the middle, Tria has been the subject of repeat speculation this week over his future. The Finance Ministry denied media reports on Thursday that he threatened to resign amid pressure from the Five Star Movement to green-light funding for its costly basic-income scheme.