‘Not in our interests’ that Italy doesn’t respect EU budget rules, commented the EU Economics Commissioner Pierre Moscovici. Additional quotes: “¢ Will be able to respond to Italy’s budget proposals after 15th October. “¢ No interest in triggering Italian crisis. “¢ Italy must cut ‘explosive debt’. Meanwhile, Italian bond yields surged in early trades as investors digested the news of a 2.4% budget deficit target, with the spread between German-Italy 10-year bond yields rising to a three-week high and eventually weighing on the shared currency. 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 AUD/EUR: Upside potential for the Aussie – Westpac FX Street 4 years 'Not in our interests' that Italy doesn't respect EU budget rules, commented the EU Economics Commissioner Pierre Moscovici. Additional quotes: "¢ Will be able to respond to Italy's budget proposals after 15th October. "¢ No interest in triggering Italian crisis. "¢ Italy must cut 'explosive debt'. Meanwhile, Italian bond yields surged in early trades as investors digested the news of a 2.4% budget deficit target, with the spread between German-Italy 10-year bond yields rising to a three-week high and eventually weighing on the shared currency. 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.