The ECB on the Verge of Collapse?

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The European Central Bank (ECB) will aid Italy with an EU rescue program if the country or its banks are in financial turmoil because they are taking the view that Italy has become an “occupied” country and that Germany has conquered Europe imposing austerity and its view of inflation upon the whole of Europe without firing a shot. While the spin is that the ECB is making Italy a test case to demonstrate that Europe and its mechanisms work, in reality, it is a realization that the ECB cannot save Italy’s financial institutions because austerity has created the greatest economic depression perhaps in economic history. Continue reading

Lega’s Salvini: Euro is wrong currency, we are working on Plan B

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The Leader of Italy’s Eurosceptic, anti-mass migration Lega party has hit out at the Euro single currency once more, insisting that a government he led would ignore EU rules on it. Continue reading

Italian election 2018 results: ‘Italy is OVER!’ Twitter meltdown after ‘populist’ success

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Italian election 2018: The exit polls in Italy are showing that the 5-Star Movement in the lead (Getty)

 

A NEW hashtag has started trending in Italy in the wake of the historical success of “populist parties” with users claiming #Italyisoverparty, it has been revealed.

The exit polls in Italy are showing that the Eurosceptic 5-Star Movement party set to win the most votes and the anti-immigration party Lega are due to win more votes than Silvio Berlusconi’s Forza.

The front page headline on the first edition of La Stampa newspaper says: “Di Maio wins, Italy ungovernable.” Continue reading