Italy's Conte says govt will finish mandate, public finances under control

ROME: Italian Prime Minister Giuseppe Conte said on Wednesday the government will last for its full mandate and public finances will be kept under control, in a bid to reassure the markets.

On Tuesday, League leader and deputy Prime Minister Matteo Salvini sent markets into a spin after saying that Rome should be willing to break the EU's deficit ceiling of 3pc of gross domestic product and push debt to 140pc of GDP if necessary.

"There is nothing to worry about", Conte said on the sidelines of an event.