"Markets have nothing to teach our electorate. Italians know how to vote and a lot can be learned from Italian democracy.
"In mature democracy like ours, the result of a free and fair vote must be respected - whether you like the outcome or not," Alfano said in a statement, adding: "Brussels would do well to avoid declarations that aid those who want to break with Europe".
The grassroots Five-Star Movement and the far-right, eurosceptic League party also blasted Oettinger, who in an interview with Germany's Deustche Welle radio station due to be published later, reportedly states: "The negative development of the markets will lead Italians not to vote much longer for the populists."
Five-Star and the League, which won over half the votes cast in Italy's inconclusive March 4 national election this month unveiled an anti-austerity programme of government which roiled markets at home and abroad and sent jitters through the 28-member bloc. The joint agenda includes billions of euros of tax cuts, extra welfare spending, a reversal of pension reforms and a review of EU treaties.
Although the nascent populist government collapsed last week after Italy's President Sergio Mattarella vetoed its choice of a prominent eurosceptic for Finance Minister, Five Star and the League are expected to score an even bigger victory in a re-vote likely to be held in September.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
This website uses cookies.