You did not read the facts.Originally Posted by Oracle
The EU is not against the Italian government handing peanuts to its citizens.
The EU is warning Italy because their policies of lowering taxes for the rich while increasing handouts for the poor is going to increase the debt, which at 133% of GDP is already extremely high and risky, for Italy and its neighbours and partners.
Or you wouldn't mind to bailout Italy as you dind't for Greece?
Weather you are in the Euro or not, weather you are in the EU or not, a large country defaulting DOES affect you.
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