Italy

Beppe Grillo

The Beppe Grillo contagion effect

Presseurop.eu | By  and  | The comedian’s Five star movement was the revelation of last Italian election. Its anti-establishment views and “digital democracy” methods are shared by many political movements across the EU, and they could form a common front at the European elections in 2014.






Italy

Italy’s Lombardian cross

Presseurop.eu | By Marc Semo | As the most populated and wealthy region in the country, Lombardy will play a key role in the outcome of the Italian legislative elections scheduled for February 24 and 25. However, troubled by the lack of ethics among politicians, the region’s all-important Catholic vote is more undecided than ever.



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Italy in a coma

In his documentary “Girlfriend in a coma”, the former editor of The Economist Bill Emmott analyses the reasons for Italy’s insurmountable resistance to the necessary changes and reforms. An attitude it shares with many European countries, it partly explains why Silvio Berlusconi wants to get back in business.


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I-told-you-so graphs for ECB worshippers

By Luis Arroyo, in Madrid | Very briefly: for those who have let themselves fall for the euphoria that unfolded after the European Central Bank governor Mario Draghi reported on unlimited short-term sovereign bond purchases, I would like to remind them of what happened during the last weeks of 2011 and the beginning of 2012. Back then, the ECB introduced its long-term refinancing operations, which were meant to inject liquidity…


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European banks flee Greece

José Luis Marco, CAPITAL MADRID | Although Spanish banks have little direct exposure in Greece, the country over which hangs the euro zone exclusion threat, something different happens with several European banks: they have a direct interest in the Hellenic country both with their branches in the country and with the assumption of Greek sovereign debt. Some of the biggest banks are partners or shareholders of several Spanish banks. Banco…