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Poor but Proud

The next meeting of the European Council, set to take place on June 28, 2018, promises a certain level of intrigue.

  • Elena Alekseenkova
  • RIAC

One reason for this is the expectation that the new Italian government, formed on the basis of the March 4 elections after 80 days of coalition talks and conflict between the president and parliament, will present an ultimatum to Brussels.

Egk 2bThe ultimatum is expected to include the following points:

1) The cancellation of Italy’s €250-billion debt to the European Central Bank (ECB);

2) The abolition of the financial and budgetary restrictions established by the 1992 Treaty of Maastricht, which…

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