During a joint press conference with Italian Prime Minister Giuseppe Conte, European Commission (EC) President Jean- Claude Juncker called out Italy’s League 5 Star government for not doing more to save the Italy’s failing economy. Rising Debt In Italy In particular, Juncker called the government’s attention to Italy’s rising level of public debt. To address […]
According to Bloomberg, their projections on total public debt in 2018 showed that it is possible for France to overtake Italy as the world’s fourth most indebted nation in 2019.
Yanis Varoufakis, the former Finance Minister of Greece, believes Brexit is a by-product of the “disintegration of the European Union” and that Britain’s official exit on 29 March will trigger the “great decline” of the EU.