Quitaly - the Italians are next

Quitaly - the Italians are next

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hornetrider

Original Poster:

63,161 posts

206 months

Sunday 27th November 2016
quotequote all
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...

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.

http://www.dailymail.co.uk/news/article-3974792/Th...

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
Well well well. Renzi statement imminent.

Popcorn anyone?

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
Maybe he won't resign.

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
don'tbesilly said:
20 min delay apparently
On now. Watching on BBC. In a stroke of genius, they don't have an Italian translator on hand. So it's in Italian.

Really, BBC?

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
B'stard Child said:
Sky is live translate
Cheers bd. Tuned in. She's good eh! What have I missed? Has he fallen on his pre cooked spaghetti?

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
Confirmed. He's resigning.

yikes

hornetrider

Original Poster:

63,161 posts

206 months

Sunday 4th December 2016
quotequote all
Northern Munkee said:
Gold is spiking.
Euro is tanking. Sell. fking Sell. Right now.