Italian debate on merits of ditching euro grows louder

FT/James Politi/03-16-17

Alberto Bagnai, a professor at Pescara university with a blog called Goofynomics, this week made a typically provocative demand: that there should be a controlled end to the euro.

“Undoing the euro will be costly, though less costly than its alternative, which is protracted stagnation of the European and hence the world economy, and the growing risk of a major financial collapse,” he wrote.

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