Italy Finance Ministry Says Report of Cabinet Rift Invented

  • Repubblica said Tria fighting with Salvini and Di Maio
  • Control of state lender at center of fight, Repubblica says
It’s hard to make a "constructive" outlook for the euro amid Italian risk and other factors, ING’s Viraj Patel says.Source: Bloomberg)
Lock
This article is for subscribers only.

The Italian Finance Ministry said a report of a rift that could spell the end of Minister Giovanni Tria is “pure invention.”

A spokeswoman for the ministry commented by telephone after La Repubblica newspaper said Deputy Prime Ministers Matteo Salvini and Luigi Di Maio were joining forces to fight Tria for control of state lender Cassa Depositi e Prestiti SpA. Hours after the report, the government was said to have agreed on a new CDP leader Friday afternoon, news agency Ansa said.