Italy government deal should be ready on Wednesday, League leader Salvini promises

ForexLive Americas FX news wrap: USD/JPY climb continues

The League and 5-Star have failed to agree on forming a coalition between themselves after an inconclusive election on March 4, but they have enough votes together in parliament to block any other government from taking office.

Five Star's 31-year-old leader Luigi Di Maio struck an optimistic tone in his own Facebook video earlier in the day.

Suggesting he wanted a "free hand" to tackle immigration and more freedom to spend money even if it would mean defy the EU's budget rules, he added: "Either I can give life to a government that can review these external constraints, or it is a fairytale, I do not want to take anyone for a ride".

"We have finished our work and sent everything to the leaders", said the League's economics chief Claudio Borghi, one of his party's negotiating team. Salvini wants the policy line on migration to get tougher.

"It is like they are part of the Franco-German axis".

Italy government deal should be ready on Wednesday, League leader Salvini promises

Di Maio shrugged off such warnings as the protests of "Eurocrats that nobody elected", while on Wednesday Salvini, attacked European Union commissioner Dimitris Avramopolous' request that Italy's new government not change its policy on migration.

Di Maio charged against the Financial Times and unelected Eurocrats for undermining the prospect of an M5S-league government.

"A minister from the League who would work on security and border control would be a guarantor that whoever comes to Italy has the right to do so", he said.

Five Star officials minimised the dispute, saying the parties' positions aren't "so different".

"Europe needs to be respected, and Italy needs to be respected".

Microsoft plans lower-cost Surface tablets to battle Apple
The existing Surface Pro tablets use Intel processors with SSD storage, similar to the CPU chips seen in the 12-inch MacBook. As always, there will also be 64GB or 128GB variants, along with an LTE model for cellular connectivity too.

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