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Italy Avoids EU Sanctions, But Will Austerity Attract the Yellow Vests?

16-12-2018 < 21st Century Wire 33 135 words
 

Italy is attempting to avoid EU sanctions by agreeing to peg its budget deficit. The country’s prime minister, Giuseppe Conte, announced cutting the target from 2.4% to 2.04%.


“We have recovered some financial resources, we have been very prudent,” Conte said after a meeting Jean Claude Juncker on Wednesday. “And we are now using these financial resources for this negotiation.”


However, talk of austerity might also trigger a Yellow Vest movement in Italy. If the Yellow Vest phenomenon in France spills into neighboring Italy, will it be anti-Italian government movement or anti-EU movement?


Manila Chan speaks to George Galloway about this situation:



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READ MORE ITALY NEWS AT:
21st Century Wire Italy Files


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