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Italian populists assume power as Euroskeptics cheer and EU worries

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  • Italian populists assume power as Euroskeptics cheer and EU worries

    I just find this really interesting...anti- EU, expulsion of illegal immigrants, sweep away austerity, unemployment checks, lower pension age, cut taxes....

    Italian populists assume power as Euroskeptics cheer and EU worries
    Italy swore in a populist, Euroskeptic government on Friday, triggering alarm bells at the European Union as it already faces splinter challenges with Britain’s decision to leave the bloc.

    The new government in Rome, formed by the Five Star party and the anti-immigrant League, has promised to sweep away EU-ordered austerity measures with massive tax cuts for the employed as well as $900 monthly unemployment checks for the jobless that economists fear will together breach EU spending rules.
    Italian voters, however, have fallen out of love with the European Union after watching the German economy surge while Italy’s remains in the doldrums. They are also resentful over a perceived lack of European assistance as more than 600,000 migrants have entered Europe through Italy in the last four years. Officials estimate there are at least 500,000 undocumented migrants in the country.
    League leader Matteo Salvini, who will become interior minister, has promised mass expulsions of illegal immigrants and, as he left the ceremony at the presidential palace, said he would divert cash currently spent on migrant reception centers.

    “Five billion euros to put up migrants who eat breakfast, lunch and dinner is too much. We’ll cut that,” he said.

    Five Star’s rise to power comes just nine years after the party was founded by comedian Beppe Grillo to fight the sleaze of Italy’s traditional parties and build a new form of democracy based on online voting.

    Five Star leader Luigi Di Maio, who will take over the labor and industry ministries, promised Friday on Facebook to push on with Five Star’s $20-billion plan for a wage for the jobless, which combined with plans to lower the pension age and cut taxes, could push Italy beyond the EU’s 3% annual deficit rule.

  • #2
    Sounds like common sense to me. If that's "populism" bring it on.