There's a new systematic threat to the world economy
Share to twitterMatteo Salvini, Italy's deputy prime minister, left, stands with Mike Pompeo, U.S. secretary of state, during a photo opportunity at the State Department in Washington, D.C., U.S., on Monday, June 17, 2019. Salvini, on his first official trip to the U.S., today meets with Pompeo and Vice President Mike Pence.
"The country I was born and raised is back in the news, and not in a good way," he opens by saying."It is now very likely that new elections will happen around late October or early November, and in any case well before the end of the year." "In the past I have said that Northern League was not an existential threat for Europe because there was no appetite for leaving the euro among its traditional supporters ," he wrote.
Italy is the euro zone's third largest economy, so political developments there have large implications for the trading bloc and its common currency.
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