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Eugene

(61,819 posts)
Wed May 16, 2018, 08:47 AM May 2018

Italy's populists aim to challenge EU on debt and migrants

Source: BBC

Italy's populists aim to challenge EU on debt and migrants

16 May 2018

Italy's two populist parties will try to reach a deal on forming a government after a leaked draft revealed plans to defy EU rules on migration and debt.

One of the draft ideas is to demand the cancellation of €250bn (£220bn; $295bn) of Italian bonds bought by the European Central Bank.

Italy has the second highest public debt in the eurozone.

The two party leaders also launched an attack on EU officials, accusing them of interfering in the talks process.

Three EU commissioners have already stressed there is no appetite for any change in the rules.

-snip-


Read more: http://www.bbc.com/news/world-europe-44136218
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