The euro fell against all major currencies on Thursday as the Italian government failed to reach a consensus on the 2019 budget.
Italian sovereign bond yields also began to climb, eliminating gains made earlier this week, when markets expected a compromise between Brussels and Rome.
La Stampa reported that Economy Minister Giovanni Tria “was ready to leave,” which the prime minister’s office denied.
Giuseppe Conte’s office also denied that the cabinet meeting would be postponed to avert a cri...

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