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Italy's crisis unlikely to get out of hand
If a radical government in Rome plunges the country into a deep crisis, it would still be an Italian crisis rather than a 'euro' crisis.
Add BT as a preferred sourcePublished Thu, May 31, 2018 · 09:50 PM
ITALY could be heading for new elections in autumn 2018 or early 2019. These elections may well shape up as a de facto referendum on the rules of the European Union (EU) and the euro.
That is why we need to consider the "what if" scenarios. In particular, could Italy trigger a new euro crisis?
A radical government in Rome - or the fear thereof ahead of new elections - could well plunge Italy into a deep crisis with significant financial and economic spillovers to its neighbours.
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