“You have to make sure that you still have cards up your sleeve, and we don’t spend everything in the first two weeks,” he said.
But the fiscally prudent leaders sparked fury in Rome, during the videoconference Mr Conte blast: “How can one think that instruments developed in the past, built to intervene in the event of asymmetric shocks and financial tensions affecting individual continues are adequate for this symmetric shock?”
He added: “If anyone should think of personalised protection mechanisms developed in the past, then I want to make clear: don’t bother, you can keep it, because Italy doesn’t need it.”
Spanish prime minister Pedro Sanchez joined in with the criticism of their EU colleagues, and joined a task force set up by the Italian leader to look at new economic instruments over the next 10 days.
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