Italy parties' govt agenda includes short-term bonds to pay firms

Italy parties' govt agenda includes short-term bonds to pay firms

ROME: The common government policy agenda of Italy's two anti-establishment parties includes the issuance of short-term government bonds to pay companies owed money by the state, the economics chief of far-right League, Claudio Borghi, said.

In recent days leaders of the League and the 5-Star Movement, which emerged as two of the biggest parties from an inconclusive March 4 election, have been discussing a governing accord.

Asked if so-called "mini-BOTs" - named after Italy’s short-term Treasury bills - would be in the agenda, Borghi said "yes".

(Reporting by Gavin Jones, writing by Stephen Jewkes)

Source: Reuters

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