Comments by Italy's finance minister Giovanni Tria

  • Uncertainty over Italy's outlook can be overcome with growth
  • Budget aimed at cutting Italy's growth gap with the rest of the EU
  • Italy's growth pace currently below expectations, 'fragile'
  • Government never expressed intention to leave the euro

Remember, remember the 13th of November. That's the deadline in which Italy will need to respond to the European Commission on the budget. Expect the yields spread to blow up well above 300 bps if they fail to reach some kind of resolution by then: