Reuters: Italy's Northern League pledges to put right 'error' of euro3 January 2018 | 18:03 | FOCUS News Agency
Rising hostility to the euro in Italy is a prominent issue in campaigning for a March national election, and the prospect that anti-establishment parties could try to pull the country out of the single currency has rattled financial markets.
A coalition including the League and former premier Silvio Berlusconi’s Forza Italia (Go Italy!) looks set to win the most votes in March, but no group is likely to achieve a clear parliamentary majority.
European Parliament President Antonio Tajani, a member of Forza Italia, said this week the League “seemed to have abandoned the idea of a hypothetical and unfeasible exit from the euro”. League leader Matteo Salvini hit back on Wednesday.
“Free interpretations of my thinking make me laugh,” he told la Repubblica newspaper. “I remain convinced ... that the euro under these conditions was an error. Which we will put right.”
Allied with France’s National Front in the European Parliament, the League blames the euro for rising poverty in the bloc, saying it only favors economic powerhouse Germany.
Once one of the most pro-EU nations in Europe, Italy has become more hostile towards Brussels in recent years. A survey released by the Bertelsmann Foundation last October showed 83 percent of Italians were not satisfied with the direction of the EU against an average of 66 percent across the 28-nation bloc.
The anti-system 5-Star Movement has also seized on this disaffection, pledging a referendum on euro membership if Brussels does not agree to change the bloc’s fiscal rules.
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