Italy is attempting to avoid EU sanctions by agreeing to peg its budget deficit. The country’s prime minister, Giuseppe Conte, announced cutting the target from 2.4% to 2.04%.
“We have recovered some financial resources, we have been very prudent,” Conte said after a meeting Jean Claude Juncker on Wednesday. “And we are now using these financial resources for this negotiation.”
However, talk of austerity might also trigger a Yellow Vest movement in Italy. If the Yellow Vest phenomenon in France spills into neighboring Italy, will it be anti-Italian government movement or anti-EU movement?
Manila Chan speaks to George Galloway about this situation:
.
READ MORE ITALY NEWS AT: 21st Century Wire Italy Files
SUPPORT 21WIRE – SUBSCRIBE & BECOME A MEMBER @21WIRE.TV