Italy to default and break up the union |
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Thursday 25 September 2014
Italy to default on debt and break up the Euro | To back those claims, they report facts such as the national debt skyrocketing towards 140% of GDP, the recession in 2014 and 2015. Renzi is spending billions to gain votes, over 150,000 new state workers, 80 euros a month to all workers, state spending. Italy’s debt is a time bomb ready to explode in any moment, a sell off of BTPs is on the trigger : Investment Watch
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