Arab Today, arab today italian proeurope expremier eurozone is a mess
Last Updated : GMT 20:20:30
Arab Today, arab today
Arab Today, arab today

Italian pro-Europe ex-premier: Eurozone is a mess

Arab Today, arab today

Arab Today, arab today Italian pro-Europe ex-premier: Eurozone is a mess

Rome - SPA

One of Italy\'s most prominent pro-Europeans said Thursday that his country might have been better off staying out of the eurozone, describing the single currency bloc as \"a mess.\", dpa reported. Two-times prime minister Giuliano Amato said it was now too late to leave the project, adding that Italy should work with partners on fixing fundamental shortcomings in the eurozone. Referring to Eurosceptics who argue that Italy would be in a better position if it still had control over its monetary policy, Amato said: \"Perhaps they are right, given the mess that we have made on the set up\" of the euro. He was speaking at East Forum, an EU affairs conference in Rome. Italy is suffering from a record-length recession, with output 25-per-cent down from its 2007 peak and youth unemployment close to 40 per cent. The slump was aggravated by austerity measures required by strict eurozone rules on budget discipline. \"We went into this business of the single currency, and we cannot go back on it,\" Amato said, arguing that leaving the euro would create \"enormous problems\" for Italy. The 75-year-old politician is of the centre-left Democratic Party. He was premier in 1992-93 and 2000-01, served as minister when his country joined the euro in 1999, and was vice-president of the panel that drew up the ill-fated EU constitution in the 2000s. In April, Amato was in the running to become prime minister for a third time, but in the end Italian President Giorgio Napolitano gave the job of leading a fragile grand coalition government to Enrico Letta.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian proeurope expremier eurozone is a mess Arab Today, arab today italian proeurope expremier eurozone is a mess

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian proeurope expremier eurozone is a mess Arab Today, arab today italian proeurope expremier eurozone is a mess

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday