: :inin Kyiv (EET)

Italy Threatens Europe


The economic weakness in Europe redoubles the threat to the common currency. Italy’s setback in particular threatens the euro zone in two ways: (1) Because Italy is the zone’s third largest economy, failure there would place unsupportable burdens on Germany as it tries to sustain union; and (2) the bad news could impede Prime Minister Matteo Renzi’s crucial reform agenda and thus deprive Italy — and, by extension, the rest of Europe’s troubled periphery — of the only route to economic efficiency, growth, and the fundamental ability to meet financial obligations. A declaration of defeat for the common …read more

Source: The Huffington Post

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions