“‘The result touches us all,’ said Spain’s foreign minister, Jose Manuel Garcia-Margallo. ‘It is a jump into the void that bodes well for nobody, neither for Italy, nor for the rest of Europe.’ Almost 57pc of the Italian vote went to parties that have vowed to tear up the EU austerity script. Together they control a majority of senate seats. The Five Star movement of comedian Beppe Grillo, which won 25pc of the vote, has called for a euro referendum and has a return to the lira as one of its manifesto pledges, while ex-premier Silvio Berlusconi has threatened to pull Italy out of the currency bloc unless the EU switches to a reflation strategy.”
ECB bailout plan in jeopardy as Italy’s voters reject conditions
- Post author:The Freedom Watch Staff
- Post published:February 27, 2013
- Post category:Network Archives
Tags: Austerity, Bailout Fail, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, Europe, for life and liberty, Mainstream News, money, Resistance, sound money, Sudden Outbreak of Common Sense, The Freedom Watch, Winning Hearts & Minds
The Freedom Watch Staff
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