Italian government deal drops ECB’s request for debt write-off – Corriere

Reuters is out with a report from Corriere, an Italian daily newspaper, citing that Five-Star and Lega government deal dropped the European Central Bank’s (ECB) request for the debt write-off.

Additional Headlines:

The EUR 250 bn debt write-off request to the ECB has been dropped.

The EUR 250 bn public debt should not count towards debt-to-GDP ratio.

Government draft holds no explicit reference to the Euro.

Includes pledge to review European treaties.

Leave a Reply