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Tag Archives: optimum currency area

Italian Euro Exit: Why it Might Come in some Years and Why it Will Help the Euro Zone and Italy

Update December 2016: Italians rejected the referendum that seeks to increase power of the prime minister and reduce power of the two chambers parliament. Prime minister Renzi has promised to resign. This opens the door for new elections, in which the anti-euro parties Movimento 5 stelle (5 star movement) and Lega Nord (Northern League) may strengthen. ————————————————————————————— Update December 2013: Bear in mind...

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