Anti-euro campaigners say quitting the euro would allow Italy to revive its stagnant economy by spending more and devaluing its currency, helping exports. Others warn the move would lead to a flight of capital, higher borrowing costs and inflation, reducing the value of Italians’ savings.
“We would be hypocrites if we just continued to talk about the effects without looking for the causes. If today we have people coming from Africa it’s because some European countries like France never stopped colonizing Africa in their heads,” Italian deputy prime minister Luigi Di Maio said.
“It’s touching to hear from so many MEPs, from so many countries and across the party divides that they value the Brits and want us to stay. They respect our decision, but have been clear all along: we are stronger when we work together inside the EU.” – British Liberal Democrat MEP Catherine Bearder.
Italy’s Deputy Prime Minister Matteo Salvini said there was no government crisis after a row broke out in the ruling coalition over a tax amnesty draft bill, Il Messaggero said on Friday citing Salvini. The 5-Star Movement, Luigi Di Maio, said a dispute with coalition partner the League over a tax amnesty needed to be sorted.