World View: Sunday’s Referendum in Italy Threatens EU’s Stability
Contents: Sunday’s referendum in Italy threatens EU’s stability; Referendum vote could affect stability of Italy’s troubled banks
Contents: Sunday’s referendum in Italy threatens EU’s stability; Referendum vote could affect stability of Italy’s troubled banks
Contents: Italy’s Monte dei Paschi di Siena floats desperate rescue plan; After Brexit and Trump, Italy’s Five-Star-Movement may be the next surprise
On December 4, Italy faces a referendum that could sink the present government and usher in a new populist era, an outcome made more probable by Donald Trump’s recent election victory in the U.S.
Analysts at Citi have called a probable Italian referendum on constitutional reform next fall “the single biggest risk on the European political landscape this year,” bigger even than Brexit.
Rome’s new populist mayor, Virginia Raggi, had a half-hour meeting with Pope Francis on Friday, after which she said she had been “deeply impressed” by the pontiff. During their meeting, Raggi played the Pope a video on her tablet, comprising
Virginia Raggi, the telegenic populist candidate from Italy’s 5-Star Movement (M5S), has won a landslide victory to become the first female mayor of Rome, defeating the Democratic Party candidate Roberto Giachetti by more than thirty points in Sunday’s runoff election.
The astonishing victory of populist mayoral candidate Virginia Raggi in the first round of elections Sunday in Italy’s capital city signals a radical change in Italian politics, as citizens push out old-line institutional parties in favor of forward-thinking populists. Raggi’s