In view of analysts at Danske Bank, there was little support for the Italian budget at yesterday’s Eurogroup meeting as the finance ministers backed the EU commission’s stance on the Italian budget for 2019 and that Italy must change their budget for 2019. Key Quotes “The head of the Eurogroup, the Portuguese Finance Minister Centeneo stated that he hoped that Italy would revise their budget. The recent comments from the Italian government has been diverse.” “On one hand the Finance Minister Tria has stated they are looking at revising the budget, while the head of the 5SM – De Maio has stated they will not change the budget.” “The revised budget has to be send to Brussels no later than Tuesday next week (November 13) and the Eurogroup has called for an extraordinary meeting on November 19. However, despite the risk of a renewed confrontation between the EU commission and the Italian government, the market has remained fairly calm. We attribute this to the rating agencies and their comments on Italy.” 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/USD Technical Analysis: Set-up points to an extension of the intraday positive momentum FX Street 3 years In view of analysts at Danske Bank, there was little support for the Italian budget at yesterday's Eurogroup meeting as the finance ministers backed the EU commission's stance on the Italian budget for 2019 and that Italy must change their budget for 2019. Key Quotes "The head of the Eurogroup, the Portuguese Finance Minister Centeneo stated that he hoped that Italy would revise their budget. The recent comments from the Italian government has been diverse." "On one hand the Finance Minister Tria has stated they are looking at revising the budget, while the head of the 5SM - De Maio… Top 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.
