Italy’s new government is set to wreck either the euro or itself

Italy’s new government is set to wreck either the euro or itself

The coalition between Luigi Di Maio and Matteo Salvini hinges on the idea that “my enemy’s enemy is my friend” – a shaky foundation on which to build a government (Source: Getty) Italy is not leaving the euro, in case you were wondering.

This pronouncement came from Alfonso Bonafede, a heavyweight in the insurgent Five Star Movement (M5S) that now looks set to lead the country.

Of course, the fact that a spokesperson from what will be the governing party of the Eurozone’s third largest economy had to clarify that very point on Wednesday should set warning lights flashing on the […]

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