As said in the previous post about Italy, it’s convenient to blame others for your problem to keep the attention away.
BRITAIN’S vote to leave the European Union (EU) is to blame for the disastrous state of Italy’s banks – and not Rome’s heavily criticised policymakers – according to the finance minister.
Pier Carlo Padoan has sought to deflect attention from himself against allegations the Italian government could have prevented the country’s current banking crisis by laying fault with the Brexit vote, despite the financial crisis hugely pre-dating the referendum.
The minister said instability of several of the banks aren’t the cause of the turmoil now rocking the Italian financial system, reported German newspaper Spiegel. Continue reading