Italy’s budget crisis threatens the entire EU project, strategist says
“’I think the Italians are actually in a very strong negotiation position. If they (the EU) don’t want to jettison Italy from Europe, the whole project dies. They have to be quite sensible,’ [Rathbone’s Bryn] Jones said on ‘Squawk Box Europe.'”
USAGOLD note: It seems Italy, according to recent reports and analysis, has the leverage. Europe again will be split between those who think it needs to play by the rules and those who think concessions need to be made. First UK, now Italy?