Daily Management Review

Italy’s Future In Euro-Zone Does Not Concern the EU Commissioner


07/16/2018


Following the market shaking statement of Italy’s “European Affairs Minister”, the EU commissioner expressed his views.



Last week, the Economics Commissioner of EU stated that the future of Italy in the “euro zone” was not something that concerned him. This statement came following an Italian minister’s whereby the latter was quoted saying that his country need to prepare for “all eventualities” especially in the field of “single currency”.
 
In a news conference, Pierre Moscovici said:
“Italy is a crucial member of the euro zone and Italians want to remain in the euro zone. I have no concerns on this”.
 
Paolo Savona is the “European Affairs Minister” for Italy. Savona stated that when it comes to euro’s survival, Rome needs to be ready to take on “all eventualities”. His comments shook markets, while the “Deputy Prime Minister Luigi Di Maio” stated in the following day that Italy does not have any “plan B” under consideration for quitting the euro-zone.
 
 
References:
reuters.com







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