Italy’s Political Turmoil Sends Shock Waves Across Europe
Europe’s financial markets are in a swoon, Italy is in political turmoil, a fresh eurozone debt crisis is in the offing and the continent’s euroskeptic populists are predicting gleefully the fast-approaching demise of the European Union. So, what’s new? For the past few years, all of the above could have been written virtually any day of the week, much of it fueled by hyperbole. But the political drama unfolding in Italy is of a different order and shaping up to be a much greater existential threat to the European Union than Britain’s Brexit vote two years ago, analysts say. That …