Posted on 05/25/2018 5:50:14 AM PDT by C19fan
Populist leader of La Lega Matteo Salvini lashed out at the European Union this week after requests that Italy implements a €10 billion corrective budget while promoting a eurosceptic candidate for Finance Minister. Salvini slammed the corrective budget request saying if the political bloc starts issuing diktats then Italy would do the opposite, adding he was opposed to those “who want Italy to be a French or German colony”, Il Giornale reports.
(Excerpt) Read more at breitbart.com ...
99% of the mischief citizens of any country suffer is at the hands of their own Govt.
Hell yes defund it.
The European Commission, the guardian of EU laws, has the task of disciplining profligate governments through what is called an excessive deficit procedure that could end in fines.
But it has repeatedly declared that punishment is not the way to deal with budget rule-breaking, and showed leniency to repeat budget offenders like France, Portugal and Spain.
The Commission is also held back by concern that enforcement action would only strengthen eurosceptic sentiment in Italy, the euro zone’s third biggest economy, where many people are already ambivalent about the euro currency.
“In the end, crazy countries are always disciplined by markets. Rules can be broken. But you cannot replace market funding with wishful thinking,” one senior euro zone policy-maker said, expressing a widely-shared view.
The ME doesn’t need to start WWIII, the EU will start it.
Rendi l’Italia grande di nuovo!
Then Italy should pay its own way.
Until they make the decision to do that Italy will continue to be a wholly-owned subsidiary of EU, Inc.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.