In an interview with Reuters late on Saturday on the sidelines of the Ambrosetti business forum, the head of the Eurozone finance ministers (Eurogroup), Mario Centeno, warned Italy’s new government over its draft 2020 budget. Italy is due to submit its draft 2020 budget to Brussels next month. Key Quotes (via Reuters): Italy must “continue in the difficult task of promoting growth with a fiscal policy that faces the restrictions that we all face. Existing rules were flexible enough and warned the government against using the 2020 budget as a pretext to push for changes. That could create market difficulties in terms of (higher) interest rates that the Italian government will then have to bear. The 2020 budget is difficult but I think minister Gualtieri has the means to get things done. The EUR/USD pair holds steady above the 1.10 handle amid growing German recession fears and European Central Bank (ECB) stimulus hopes. The ECB meets this Thursday to decide on its monetary policy, in the face of lingering trade woes, deteriorating Eurozone growth prospects and mounting Brexit risks. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold technical analysis: Double top breakdown seen on daily chart FX Street 4 years In an interview with Reuters late on Saturday on the sidelines of the Ambrosetti business forum, the head of the Eurozone finance ministers (Eurogroup), Mario Centeno, warned Italy's new government over its draft 2020 budget. Italy is due to submit its draft 2020 budget to Brussels next month. Key Quotes (via Reuters): Italy must "continue in the difficult task of promoting growth with a fiscal policy that faces the restrictions that we all face. Existing rules were flexible enough and warned the government against using the 2020 budget as a pretext to push for changes. That could create market difficulties… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
