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Italy's new PM vows 'radical change'

Tuesday, June 05, 2018 - 01:40

Italy's government bonds sold off on Tuesday, after new Prime Minister Giuseppe Conte promised to bring radical change as he sought parliamentary backing for an anti-establishment government. As David Pollard reports, Conte's remarks echoed much of the policy programme set out in a coalition accord signed by the 5-Star Movement and the right-wing League: a budget-busting agenda of tax cuts and higher welfare spending.

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Italy's government bonds sold off on Tuesday, after new Prime Minister Giuseppe Conte promised to bring radical change as he sought parliamentary backing for an anti-establishment government. As David Pollard reports, Conte's remarks echoed much of the policy programme set out in a coalition accord signed by the 5-Star Movement and the right-wing League: a budget-busting agenda of tax cuts and higher welfare spending.

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Italy's new PM vows 'radical change'

Tuesday, June 05, 2018 - 01:40