Italian Parties Agree Basis For Government Deal Say No Threat To Euro

24

ROME – Italy’s two anti-establishment parties agreed the basis for a governing accord on Thursday that would slash taxes, ramp up welfare spending and pose the biggest challenge to the European Union since Britain voted to leave the bloc two years ago.

Leaders of the far-right League and the 5-Star Movement, which emerged as two of the biggest parties from an inconclusive election on March 4, have been discussing a common policy agenda to form a coalition government and end more than 10 weeks of stalemate.

When 5-Star leader Luigi Di Maio emerged from a four-hour meeting with League chief Matteo Salvini, he said the two parties had to hammer out a few “minor details” and that the program should be finalised later in the day.




Leave a Reply

Your email address will not be published. Required fields are marked *