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UPDATE 1-Italy's Di Maio tells newspaper 5-Star won't let public debt rise

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MILAN, May 16 (Reuters) - The ruling 5-Star Movement will oppose any budget measures that increase Italy's public debt, Deputy Prime Minister Luigi Di Maio said in a newspaper interview, after concern over the country's deficit pushed debt costs higher this week.

Italian bond yields surged this week on comments by the leader of the League party, 5-Star's coalition partner, that Italy should be willing to flout European Union rules limiting national debt and deficits.

"The 5-Star with its 32% (of last year's votes) will never allow a budget law that raises public debt," Di Maio told the newspaper Corriere della Sera on Thursday.

Tensions between the two parties have been rising before an election for the European parliament at the end of the month.

At a high-level meeting on Wednesday, the League discussed triggering an early election by the end of September, the newspaper la Repubblica reported on Thursday, without citing sources. The League now leads 5-Star in opinion polls, reversing the results of the 2018 election.

Di Maio said in the interview the coalition government would last for its full five-year mandate.

"As far as I'm concerned, this government will go on for another four years," Di Maio said.

He also reiterated the government was committed to avoiding an increase in the sales tax, from which the state is due to gain 23 billion euros in additional revenues next year.

Prime Minister Giuseppe Conte said on Wednesday it would not be easy to find another way to increase revenue, to avoid raising the sales tax. (Reporting by Valentina Za, editing by Larry King)

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