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TEHRAN, May 28 - Italian Deputy Prime Minister Matteo Salvini called on Tuesday for a new role for the European Central Bank, which should "guarantee" government debt in order to keep bond yields low.
TEHRAN, Young Journalists Club (YJC) - Salvini said on Facebook he wanted a top-level European conference to discuss how to boost growth and investment and this should include the new role for the ECB to halt "speculation."
Fresh from a victory in European parliamentary elections, the leader of the right-wing League said the EU's "failed" fiscal rules should be rewritten with the focus on cutting employment, not capping budget deficits.
Source: Reuters
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