Italy's new government threatens alot of chaos for the EU, including voting no during next renewal for Russian sanctions

Italy's new government threatens alot of chaos for the EU, including voting no during next renewal for Russian sanctions

While the UK's vote to leave the EU was a historic milestone for the Continental coalition, in the end it has done little to change the landscape of unelected rule by bureaucrats residing in Brussels. But following Italy's recent elections and their ability to install a completely different government that is both anti-euro and anti-EU, the Southern European country has the power to create great chaos for the entire Union.

This is because under the EU charter, most major policies must be achieved through a unanimous vote.  And while there was great hope a few years ago that Greece would become this change agent following their installation of the Syriza government, this was quickly negated by the Troika's ability to hold much needed loans over their heads and force them to vote in lockstep with France and Germany.

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Italian Coalition ‘Contract’ Is Declaration of War against EU and Its Austerity Policy

Italian Coalition ‘Contract’ Is Declaration of War against EU and Its Austerity Policy

Ever since the U.S. and UK demanded the EU impose sanctions after Crimea’s reunification with Russia in 2014, Italy’s agriculture, fashion and manufacturing industries have chafed under the burden. After Moscow imposed counter-sanctions that hurt Italian cheese and produce exports to Russia, the already weak southern EU economies have suffered tens of billions in lost trade with the Eurasian giant to the east, while Germany has continued to experience modest growth and increased its Russian gas imports. Now at the very moment the EU core states of France and Germany are making noises about the bloc defying American sanctions being reimposed against Iran, the Italians are forming a new governing coalition that is calling for dropping the European Union’s trade restrictions with Russia…

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