Homepage / Currency / Italy’s populist parties ‘have put water into their anti-EU wine,’ says former leader
Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business Understanding Legal Terms and Laws in Today’s World The Laws and Contracts of Hollywood: A Sunset Blvd. Tale Legal Discussion Between Johnny Cash and Antonin Scalia Legal Insights: What Teens Should Know Legal Issues and Exceptions: What You Need to Know Legal Insights and Expert Analysis Celebrity Dialogue: Legal Matters in the 21st Century Famous Personalities Discuss Legal Issues The Boys in the Boat: Legal Advisors and The Quest for Legal Knowledge Understanding Legal Matters: Q&A on Criminal Law, Joint Ventures, and More Enticing Title The Departed: Understanding Basic Work Requirements and Legal Rights Youth Slang Blog Article Legal Insights: A Journey into the World of Law The Ins and Outs of Legal Matters: Everything You Need to Know Legal Insights and Trends: A Rap Guide Mysterious Legal Matters Unveiled Insights and Information: Understanding Various Laws and Regulations Famous People of the 21st Century The Circle of Legal Life The Intersection of Fashion Law, Legal Translation, and THC Oil: A Modern Legal Guide Legal Q&A: Understanding Joinder Federal Rules and More Understanding Legal Terms and Conditions: A Comprehensive Guide Understanding Legal Documentation in a Fun Way! Understanding Legal Aspects: From Islamic Law of Inheritance to Farm Law Protests Understanding Legal Rights: A Guide to Legal Regulations and Requirements Understanding Legal Guidelines and Agreements Famous 21st Century People in Conversation Mysterious Legal Matters Unveiled Legal Matters and Real Estate: A Conversation Between Cameron Boyce and Donald Trump Understanding Legal Expertise and Why It Matters Legal FAQs and Expert Services Understanding Legal Ramifications: Common Law Ontario Health Benefits and More The Ins and Outs of Legal Requirements: From FBI Academy Physical Requirements to Silver Lake Fishing Rules The Legal Underworld: Understanding the Significance of Laws and Rights Legal Conversations: A Dialogue Between Jon Jones and Chadwick Boseman Legal Beats: Bobcats, Real Estate, Babysitting, and More

Currency, United States Finance

Italy’s populist parties ‘have put water into their anti-EU wine,’ says former leader

Former Italian Prime Minister Mario Monti described the country’s populist parties as having lost some of their teeth.

“It will be a very relevant force, but not necessarily a very dominant force,” he told CNBC Friday regarding the country’s Five Star Movement, Italy’s premier populist and Euroskeptic group.

“Concerning the two populist movements in Italy, the Five Star Movement and the Northern League, of course I am concerned, but I must also underline that both have put a lot of water into their anti-EU wine and anti-euro wine, especially after the defeat of Marine Le Pen in France. Now the language they have in Italy is much less opposed to the EU and to the euro.”

Populist parties in Italy garnered a collective 50 percent of votes in the country’s last general election in 2013 and new elections are due before May 2018.

Greater euro zone integration is not off the table, the former leader believes, thanks to the election of President Emmanuel Macron in France whose opponent, Marine Le Pen, brought France’s far-right Front National closer to power than any time in its history. Populist politics are on the rise in Europe, with more than 30 million people voting for broadly right-wing populist parties in EU countries in the last five years.

Turning to financial issues, Monti addressed Italy’s banking woes, which on Thursday saw Italian lender Banca Carige fail to win backing from banks in a critical cash call. Italy’s banks have been plagued by non-performing loans and undercapitalization following a prolonged recession and sovereign debt crisis in 2011.

“Italian banks have had their moment of difficulty later than other banks in Europe due to a more prolonged recession,” the former PM explained. “But the problem is less serious than has been elsewhere. Nevertheless, it is urgent to give further signals. But I think this is really not one of the major issues for Europe.”

Whether Italy’s elections will mean a new, tougher approach to Italy’s banking situation is “very difficult to tell,” Monti said. “It’s not an instant affair to set up a government, and it may take some time. The situation of the banks is very much in the hands of the European authorities and the Bank of Italy, and in spite of the fuss being made around that, also for pre-electoral reasons, the situation is after all under control.”

In the past year, three large Italian banks were widely considered to have failed – Italy’s fourth largest bank MPS (Banca Monte dei Paschi di Siena) underwent precautionary recapitalization at the cost of 6.6 billion euros ($7.78 million) to the Italian taxpayer, and regional banks Veneto Banca and Banca Popolare di Vicenza were acquired by a larger bank.

On the upside, Italy in 2013 was removed from Europe’s excessive debt procedure, and this year introduced sweeping pension and labor markets reforms. Yet despite an improved growth forecast for 2017 of 1.5 percent, the IMF predicts the country will not return to pre-crisis levels for another decade.

Mario Monti, an economist, served as Italy’s unelected prime minister from 2011 to 2013, leading a team of technocrats in the wake of the country’s debt crisis.

Source: cnbc
Italy’s populist parties ‘have put water into their anti-EU wine,’ says former leader

Comments are closed.