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Short Version: The Resignation of the Italian prime minister last Tuesday will likely lead to the dissolvement of parliament and elections as early as this fa
by joshuafkon 7y ago
Short Version:
The Resignation of the Italian prime minister last Tuesday will likely lead to the dissolvement of parliament and elections as early as this fall.
With the right-wing League party soaring in the polls there is a very real chance that they will be able to form a majority government without partners .
This is a risk to the EU and the euro because the League has been vocal about their plan to issue a parallel currency to the euro called the miniBOT. Having such a currency will enable the Italian populists to achieve where their Greek counterparts failed - because the EU will not be able to ensure compliance by threatening to freeze the banking system and paralyze the economy.