Young Italian Prime Minister Dares (!) To Defy Troika

For any national leader in the Euro Zone who wishes to cling to his or her job, there are four basic rules of survival:

  1. Always be nice to German Chancellor Angela Merkel.
  2. Never call – or even threaten to call – a national referendum on any issue.
  3. Never criticize or call into question the actions of the Troika, or any of its three constituent members, the European Commission, ECB, and IMF.
  4. Never mention – or even entertain – the idea of exiting the euro.

But today (or should I say yesterday, or the day before yesterday…) the youngest ever Prime Minister of Italy, Matteo Renzi, veered dangerously off-message: he broke rule number three…

Read the full article @ Wolf Street

One thought on “Young Italian Prime Minister Dares (!) To Defy Troika

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s