Italy responsible for whole euro zone, worried Finnish finance minister says

BRUSSELS (Reuters) – Italy is responsible for the economic health of the whole euro zone because it is part of it, Finnish Finance Minister Petteri Orpo said on Thursday, adding he was a bit worried by the economic plans of the new Italian government coalition.

“We look very carefully at what is happening in Italy and of course I am a little bit worried by that,” Orpo told reporters on entering talks of euro zone finance ministers in Brussels.

“I want to trust that the Italians can find good solutions and they are responsible for whole euro zone because they are part of the euro zone,” he said.

Euro zone governments and financial markets have been alarmed at the impending arrival of a new coalition in Rome under Giuseppe Conte comprising two eurosceptic, anti-establishment parties, who won votes in a March election by calling for an easing of euro zone budget discipline and public debt rules.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.