Italy retreats from the referendum threat of the euro



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The Italian Deputy Prime Minister and leader of the ruling 5-star Movement rejected the idea of ​​a referendum on the exit of the euro, easing fears of an extremely vote destabilizing that could have broken the euro zone.

-The founder of Star, Beppe Grillo, who said last week that Italy should have a "plan B" to leave the eurozone if economic conditions require it and that Italians should vote by referendum to see if a majority wanted to leave the currency. The new populist government "has scared investors worried that Italy is heading for an exit from the common currency of the euro," says Bloomberg. Reuters reports that Grillo's latest comments "have made waves on the financial markets".

The former politician turned comedian defeated decades of political consensus in Italy with his anti-establishment movement, and although he had no official position in the coalition with the League of Nations. On the extreme right, his comments still carry much weight with his army of partisans.

His calls for a referendum on the euro go back a few years and contrast sharply with the official position of the cabinet of Prime Minister Giuseppe Conte, who has

Deputy Prime Minister Luigi Di Maio's new intervention, who said in an interview released Sunday that he was not listed in the government coalition contract, repeatedly denied the government's willingness to hold a plebiscite. will not be prosecuted.

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