May 18, 2018 / 5:44 AM / Updated an hour ago

Italy parties' govt agenda includes short-term bonds to pay firms

ROME (Reuters) - The common government policy agenda of Italy’s two anti-establishment parties includes the issuance of short-term government bonds to pay companies owed money by the state, the economics chief of far-right League, Claudio Borghi, said.

In recent days leaders of the League and the 5-Star Movement, which emerged as two of the biggest parties from an inconclusive March 4 election, have been discussing a governing accord.

Asked if so-called “mini-BOTs” — named after Italy’s short-term Treasury bills — would be in the agenda, Borghi said “yes”.

Reporting by Gavin Jones, writing by Stephen Jewkes

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