Speculators behind spread rise - Salvini

Govt will keep going says deputy premier

(ANSA) - Rome, October 8 - Deputy Premier and Interior Minister Matteo Salvini on Monday blamed speculators for the rise in Italy's bond spread and said the government had no intention of changing policy. "If I wanted to think badly, I'd say that there is a Soros-like manoeuvre by speculators betting on Italy's bankruptcy to be able to buy the healthy companies that remain at a cut price," Salvini said. "In the name of the government, I say that we will not go back.
    "Those who want to speculate on the Italian economy should know that they are wasting their time. "As for the spread at 300 points, I'd like to say that we are faced with a clash between the real economy and the virtual one, between real life and financial reality".
   

ALL RIGHTS RESERVED © Copyright ANSA