Italy puts the European project at risk

The following editorial appears on Bloomberg Opinion:

Italy’s new populist leaders appear to be sticking to the program that brought them to power: In their budget plans, they’re charting a course that could ultimately put the entire European project at risk.

One can only hope that they will see reason.Since forming a government last spring, the coalition of the anti-establishment Five Star Movement and right-wing League has kept everyone guessing about its genuine intentions. Its leaders made expensive promises to Italians, including big tax cuts, a lower retirement age, and even a basic income. They also vowed to pass a prudent […]

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