ROME: Italy's government will act prudently over public finances but it wants to be able to talk about tax cuts even if this raises alarm among holders of the country's 2.3 trillion euro debt, Deputy Italian Prime Minister Luigi Di Maio said on Tuesday.
Di Maio said the spike in the spread between Italian and German bond yields since the current government took office last year showed that markets had a negative bias towards the anti-establishment coalition.
"The spread is important and we will behave responsibly ... but to cut taxes one must make bold choices and we want to be able to at least discuss them," Di Maio said on the sidelines of a conference.
"If we can't talk about them because otherwise the spread goes up, then we appoint a rating agency as government and we pack things up and go home," he added.
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