Get the latest news about EuropeIt was 2016th "big short" : Especially US-Invstors betting billions of US-Dollar against Italy. They thought it might be simple: Matteo Renzi would be forced to resign on Dezember 5th 2016 (what happened). Than Italian Banks are going to fail (what not happend) and finaly Italy will leave the Euro and the European Union (Ixit after Brexit).
And now guess what...
... Italy´s Five Star Movement founder Beppo Grillo today annouced nothing else than a U-Turn:
Quote:
Italy's maverick 5-Star Movement should cut ties with the anti-European Union U.K. Independence Party (UKIP) and consider hooking up with the Liberals in the European Parliament, 5-Star founder Beppe Grillo said on Sunday.
If the switch in allegiance goes ahead, it would see 5-Star enter mainstream European politics and move away from the anti-system fringes, a shift that might reassure other EU capitals that have grown uneasy about its rising popularity.
Writing on his blog, Grillo said his party was in talks with the Alliance of Liberals and Democrats for Europe (ALDE) and asked 5-Star members to back the initiative in an online ballot.
ALDE is headed by former Belgian prime minister Guy Verhofstadt. He is a keen European federalist and his strong, pro-EU views would seem at odds with the euroskeptic 5-Star.
Source: www.cnbc.com
