Asked whether the party had considered the repercussions of leaving the euro, which most economists believe would carry big risks for Italy and the global markets, Di Battista said he “understood well the consequences of the introduction of the euro”.
The euro fell to a 20-month low on Monday and investors fled riskier assets after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country's shaky banking system.
David Cameron has warned the future of the euro is uncertain during a speech in the United States. The former Prime Minister was speaking to students at DePauw University in Indiana when he said he sees “more trouble ahead” for the currency and that it ...
Senior Market Analyst Craig Erlam discusses the ECB monetary policy decision and press conference from Thursday and gives his analysis on EURUSD, EURGBP, EURJPY, USDJPY, GBPJPY, GBPUSD, AUDUSD and USDCAD.
Michael Noonan asked his euro zone counterparts on Monday to grant Ireland flexibility within the rules to ramp up capital spending, which ground to a halt during the financial crisis in a country which also has the EU's fastest growing population.
The Five Star Movement in Italy, as well as the National Front in France, are clearly Euroskeptic, said economist Felix Moreno. If these two major EU countries were for a direct exit from the euro, it would be a grave threat to the currency, he added.