October 12, 2018 / 2:13 PM / a month ago

Italy's finmin shoots down idea of tax breaks for debt investors

NUSA DUA, Indonesia, Oct 12 (Reuters) - Italy’s finance minister poured cold water on Friday on the idea, floated by a fellow minister, of giving tax breaks to Italian citizens who invest in domestic government debt.

“I’ve read about this measure in the papers and it has never been discussed at the Treasury,” Giovanni Tria told reporters at the International Monetary Fund’s annual meetings.

Reporting By Francesco Canepa Editing by Matthew Mpoke Bigg

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