Quitaly - the Italians are next
Discussion
On the face of it, possibly seismic political goings on in Italy. Could they be the next country to have a euro referendum?
Everybody loves a wail link...
http://www.dailymail.co.uk/news/article-3974792/Th...
Everybody loves a wail link...
Article said:
Next Sunday, the country goes to the polls in a referendum that might well shape the future of Europe, though on the face of it the vote doesn’t appear particularly consequential, concerning as it does constitutional changes to Italy’s equivalent of the House of Lords.
Yet its result has the potential to eclipse Brexit, and possibly bring the threat of EU disintegration closer to reality – while propelling Mr Grillo’s party ever upwards.
The referendum has effectively turned into a vote on the leadership of Prime Minister Matteo Renzi – and if he loses, which looks probable, there are fears it will set in train a sequence of events leading to the country abandoning the single currency, an outcome dubbed ‘Quitaly’.
As David Cameron did over Brexit, Mr Renzi has staked his political future on the vote, saying he will step down if he loses.
And if that happens, Mr Grillo’s Five Star Movement (M5S) already the biggest opposition party, is widely tipped to triumph at the next election. If he wins, the comedian has vowed to hold a referendum on the single currency.
Interesting times.Yet its result has the potential to eclipse Brexit, and possibly bring the threat of EU disintegration closer to reality – while propelling Mr Grillo’s party ever upwards.
The referendum has effectively turned into a vote on the leadership of Prime Minister Matteo Renzi – and if he loses, which looks probable, there are fears it will set in train a sequence of events leading to the country abandoning the single currency, an outcome dubbed ‘Quitaly’.
As David Cameron did over Brexit, Mr Renzi has staked his political future on the vote, saying he will step down if he loses.
And if that happens, Mr Grillo’s Five Star Movement (M5S) already the biggest opposition party, is widely tipped to triumph at the next election. If he wins, the comedian has vowed to hold a referendum on the single currency.
http://www.dailymail.co.uk/news/article-3974792/Th...
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff