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Forum: Italy
Jun 22nd 2016, 1:27 am
Replies: 331
Views: 43,445
Posted By mmmmbuti

Re: "Brexit"

It's not the "unaccountable elite" call, every member state has a veto on new accessions, including the UK. All Eastern European new members have joined with the consent of the UK, actually because...
Forum: Italy
May 24th 2016, 8:24 am
Replies: 331
Views: 43,445
Posted By mmmmbuti

Re: "Brexit"

The lenders would be forced to accept it. Italy is not Greece, nor Argentina. Its debt is one of the biggest in the world, an Italian disorderly default would jeopardize the global financial market...
Forum: Italy
May 23rd 2016, 11:06 pm
Replies: 331
Views: 43,445
Posted By mmmmbuti

Re: "Brexit"

Italian bonds are governed by Italian law, they are not governed by US law like the Argentinian ones. When the euro was created, an Italian law converted the public debt from lire to euros. Likewise,...
Forum: Italy
Mar 1st 2016, 10:37 pm
Replies: 331
Views: 43,445
Posted By mmmmbuti

Re: "Brexit"

I personally don't find Bruxelles less democratic than any Western capital. Yes it is dominated by lobbies, but so is Westminster, so is Montecitorio, so is Capitol Hill. On the other hand, it is...
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