Italy’s Referendum Holds the Key to the Future of the Euro

Wolfgang Münchau

Italy’s Referendum Holds the Key to the Future of the Euro

After Brexit and Donald Trump, prepare for the return of the eurozone crisis. If Matteo Renzi, Italian prime minister, loses his constitutional referendum on December 4, I would expect a sequence of events that would raise questions of Italy’s participation in the eurozone…..

…. Italy has three opposition parties, all of which favour exiting the euro. The largest and most important is the Five Star Movement, a party that defies the usual left-right classification. The second is Forza Italia, Silvio Berlusconi’s party, which has turned rabidly anti-euro after the former prime minister was forced out of office in 2011. And the third is the separatist Lega Nord. In democratic countries, it is common that opposition parties eventually come to power. Expect that to happen in Italy too….

Pollid näitavad, et referendumil tuleb ei. Raske on mingi kindlat sündmust ennustada või selle mõju täpselt hinnata. Üks tundub olevat selge, globalism ja internatsionalism kui suund oma praegusel ideoloogilisel kujul kollapsib.

About Kristjan

Defitsiidi terrorismi vastase pataljoni eriüksuslane (finantsignorantsuse vastu võitlemise osakond). Treening: MMT, postkeinsism, Tartu Ülikool Majandusteadus
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