EU says concerned over Italy's 2018 budget, adding to government's woes

cogito

wunferall wrote: »

It certainly is looking like it. The thing is though, tears for who? Italy or the EU?

Italy probably. The EU has plenty of weapons in its arsenal to keep the Italians in line. Greece was just a trial run.

Quasar

Italy has always been at death's doors according to some. Meanwhile when I visit my family there, in spite of dire complaints, everyone has savings, buys new clothes as Italians do and life goes on as always. Been like this the past 20 years, so I happily excuse myself from worries of any kind.

mayonnaise

Quasar wrote: »

Italy has always been at death's doors according to some.

The same 'some' who keep announcing the collapse of the Eurozone for the last 25 years?

By the way, to the ones above getting all excited about a draft Lega/5Star agreement demanding a 250 billion debt write off:

The Italian right-wing Lega party denied reports that it's seeking a 250 billion euro ($ 296.16 billion) debt write-off if it becomes part of a power-sharing deal with the anti-establishment Five Star Movement

https://www.cnbc.com/2018/05/16/italys-populists-deny-theyll-ask-for-debt-forgiveness-after-clinching-power.html

I assumed you would have learned your lesson by now regarding 'fake news'. Obviously not.
:doh:

cogito

Quasar wrote: »

Italy has always been at death's doors according to some. Meanwhile when I visit my family there, in spite of dire complaints, everyone has savings, buys new clothes as Italians do and life goes on as always. Been like this the past 20 years, so I happily excuse myself from worries of any kind.

Good to know that things are going so well in Italy.

Unless you're one of the 31% of under 25s who doesn't have a job or your savings are in Italian government bonds as most Italians are. Or you haven't had a pay rise in real terms in 25 years. Or the Dublin rules mean that you can't get rid of the many thousands who turn up uninvited on your shores every year.

If Italy was doing so well, how come they voted for 5* and Lega instead of the political parties that have brought the prosperity you speak of?

cogito

mayonnaise wrote: »

By the way, to the ones above getting all excited about a draft Lega/5Star agreement demanding a 250 billion debt write off:


https://www.cnbc.com/2018/05/16/italys-populists-deny-theyll-ask-for-debt-forgiveness-after-clinching-power.html

I assumed you would have learned your lesson by now regarding 'fake news'. Obviously not.
:doh:

Nobody mentioned it but you so who's getting excited? A fake new story from the Huff Post? Who'd have thunk it?

Quasar

cogito wrote: »

Good to know that things are going so well in Italy.

Unless you're one of the 31% of under 25s who doesn't have a job or your savings are in Italian government bonds as most Italians are. Or you haven't had a pay rise in real terms in 25 years. Or the Dublin rules mean that you can't get rid of the many thousands who turn up uninvited on your shores every year.

If Italy was doing so well, how come they voted for 5* and Lega instead of the political parties that have brought the prosperity you speak of?

There are always malcontents in Italy as well as everywhere else, who believe that the flavour of the month party will make everything better and better and on and on.

Like I said, I'm not worried whatever you or anyone else says.

mayonnaise

cogito wrote: »

Nobody mentioned it but you

post #10

:doh:

NineDeuce

How is that a growing influence? What have they demanded from Italy?

The financial situation of a member state would be of interest for obvious reasons right?

Completely misleading terminology...

marrbett

cogito wrote: »

Good to know that things are going so well in Italy.

Unless you're one of the 31% of under 25s who doesn't have a job or your savings are in Italian government bonds as most Italians are. Or you haven't had a pay rise in real terms in 25 years. Or the Dublin rules mean that you can't get rid of the many thousands who turn up uninvited on your shores every year.

If Italy was doing so well, how come they voted for 5* and Lega instead of the political parties that have brought the prosperity you speak of?

sorry for quoting fake news I am interested to see the ramifications going on in Italy, I have a sister who lives in (prosperous) Bergamo, and they teach English conversation classes....they say even there, the young want to learn English and get out of Italy as soon as they can...my relatives down in the south of italy live in a very different country now, than they did...I can't see Italy staying as a united country if things don't change

wunferall

marrbett wrote: »

sorry for quoting fake news I am interested to see the ramifications going on in Italy, I have a sister who lives in (prosperous) Bergamo, and they teach English conversation classes....they say even there, the young want to learn English and get out of Italy as soon as they can...my relatives down in the south of italy live in a very different country now, than they did...I can't see Italy staying as a united country if things don't change

It's not fake, the EUrophiles just don't like it like they will instantly dismiss your anecdotal evidence. The debt plan was "leaked", and according to some the only "leaks" that matter are those which are pro-EU; anti-Trump; pro-Russia etc. etc. etc.

A leaked draft of the programme under discussion between the Five Star Movement (M5S) and the League has revealed some of their most radical plans for Italy, including potentially exiting the euro, scrapping sanctions on Russia and asking the EU to forgive massive Italian debts.

https://www.thelocal.it/20180516/italy-leak-league-five-star-movement-plans-for-italy