I notice Greece isn’t on the list of potential exit fans. I wonder what will happen if the European Union fails completely and the Greeks lose their big sugar tit? I can’t wait to see the German dictator’s speech about what happened. She will probably pretend that everything is ok.
Italy’s anti-establishment 5-Star movement has now officially called for a referendum on whether to keep the Euro.
Buoyed by big gains in local elections, Luigi Di Maio, a vice president of the lower house of parliament, said: “We want a consultative referendum on the Euro.
“The Euro as it is today does not work. We either have alternative currencies or a ‘Euro 2’.
The 5-Star movement has called for two different currencies in Europe, one for the rich northern countries another for southern nations.
While any such referendums on the EU or the Euro would be merely test public opinion because Italian law does not allow referendums to change international treaties, a victory would send a clear signal to the government, especially in the wake of Brexit.
Brexit is a huge blow to Italian Prime Minister Matteo Renzi’s Democratic Party and was hailed by supporters of 5-Star as a possible springboard to Italian independence. More