Tag Archive: ‘The Unthinkable Is Happening’: Italy Demands EU Reform

on June 25, 2016 in World News

‘The Unthinkable Is Happening’: Italy Demands EU Reform, Warns Over Full Collapse

by AFP Italian ministers warned Saturday that the European Union must change direction or risk collapse after Britain’s vote to leave the bloc. “The unthinkable is happening,” Finance Minister Pier Carlo Padoan said. “A double reaction to Brexit is under way, one financial, one political. The financial one, at least until now, is limited. I am more worried about the political one. “There is a cocktail of factors that can lead to various outcomes, including a further push towards disintegration.” Speaking to Corriere della Sera, Padoan also said EU leaders had to understand there could be no more “business as… View Article

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