Italy's finance minister plays down the idea of a parallel currency

Market players have been wary of parliamentary discussions in Rome regarding an alternative for government debt repayments.

Giovanni Tria, the country's finance minister, said Tuesday at a conference in London that he does not think mini-BOTs will be introduced.

Giovanni Tria Italian Minister of Economy and Finance attends during Festival dell' Economia in Trento on May 30, 2019.Italy's finance chief does not see ongoing talks over a parallel currency materializing.an alternative for government debt repayments However, Giovanni Tria, the country's finance minister, said Tuesday at a conference in London that he does not think mini-BOTs will be introduced. "We do not need this kind of instrument," Tria said, according to Reuters. He also added that the introduction of a parallel currency is not on the agenda.

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