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Italy referendum result could send shockwaves through EU



THE EU’s days might be numbered with Italy about to vote on a referendum which could send shockwaves across the continent.



Obrázek/fotografie

Analysts believe the outcome of the #ballot on constitutional #reform could have massive #global implications. Ana Thaker, a market economist at PhillipCapital said the #Italian result could be as "significant as #Brexit”.

With many #European leaders already coming under severe pressure from #anti-EU parties ahead of #elections next year the significance of the Italian result is huge.

Defeat for Italian Prime Minister #MatteoRenzi could lead to even deeper social turmoil in countries already struggling with #austerity, #immigration problems and a growing #contempt for #Brussels.

Maria Paola Toschi, global market strategist at JP Morgan Asset Management told CNBC: "The upcoming Italian #referendum this December may create volatility across markets as the year draws to a close."

Ms Toschi said the referendum is widely considered as political test for #Italy and its leader Matteo #Renzi.

She said: "A victory for #Yes could reinforce the empowerment of the current coalition on an ambitious program of reforms.

"A victory of #No could open a period of uncertainty on the political stability of the current coalition that has been always strongly committed on reforms."

Mr Renzi has vowed to resign and abandon politics if the constitutional reforms were not passed and opponents appear to have seized on what they see as an #opportunity to oust him and press ahead with their own populist #anti-EU agendas.

http://www.express.co.uk/news/world/731484/Italian-referendum-shockwaves-European-Union-financial-markets

#Italy #VoteNo #EU #Europe #politics

Italy referendum result could send shockwaves through markets and DESTROY Europe

THE EU’s days might be numbered with Italy about to vote on a referendum which could send shockwaves across the continent.
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skanda42 před 3 let

Italy referendum result could send shockwaves through EU



THE EU’s days might be numbered with Italy about to vote on a referendum which could send shockwaves across the continent.



Obrázek/fotografie

Analysts believe the outcome of the #ballot on constitutional #reform could have massive #global implications. Ana Thaker, a market economist at PhillipCapital said the #Italian result could be as "significant as #Brexit”.

With many #European leaders already coming under severe pressure from #anti-EU parties ahead of #elections next year the significance of the Italian result is huge.

Defeat for Italian Prime Minister #MatteoRenzi could lead to even deeper social turmoil in countries already struggling with #austerity, #immigration problems and a growing #contempt for #Brussels.

Maria Paola Toschi, global market strategist at JP Morgan Asset Management told CNBC: "The upcoming Italian #referendum this December may create volatility across markets as the year draws to a close."

Ms Toschi said the referendum is widely considered as political test for #Italy and its leader Matteo #Renzi.

She said: "A victory for #Yes could reinforce the empowerment of the current coalition on an ambitious program of reforms.

"A victory of #No could open a period of uncertainty on the political stability of the current coalition that has been always strongly committed on reforms."

Mr Renzi has vowed to resign and abandon politics if the constitutional reforms were not passed and opponents appear to have seized on what they see as an #opportunity to oust him and press ahead with their own populist #anti-EU agendas.

http://www.express.co.uk/news/world/731484/Italian-referendum-shockwaves-European-Union-financial-markets

#Italy #VoteNo #EU #Europe #politics

Italy referendum result could send shockwaves through markets and DESTROY Europe

THE EU’s days might be numbered with Italy about to vote on a referendum which could send shockwaves across the continent.
Obrázek/fotografie

More Than 4,000 Died Within Six Weeks Of Being Deemed 'Fit For Work', Reveals Government



More than 4,000 people died within six weeks of being found “fit for work”, the Department for Work and Pensions (DWP) has revealed.

Figures released today show that between December 2011 to February 2014, 4,010 people died after being told they should find work following a “Work Capability Assessment”.

Of that figure, 1,360 died after losing an appeal against the decision.

http://www.huffingtonpost.co.uk/2015/08/27/benefits-death-claimants-welfare-ids_n_8047424.html

#uk #britain #austerity #neoliberalism #fascism #benefits #socialsecurity #welfare #murder #murder

More Than 4,000 Died Within Six Weeks Of Being Deemed 'Fit For Work', Reveal Government

More than 4,000 people died within six weeks of being found “fit for work”, the Department for Work and Pensions (DWP) has revealed.

Figures released today show that between December 20
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unity100 před 4 let od Diaspora

zobrazit v plné velikosti

In #Glasgow today, #Scotland United Against #Austerity rally, against the #Tory cuts and with solidarity to #Greece, who were presented as an example against austerity, the bankers and the #IMF.
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Vazelas99 před 4 let od Diaspora
'We Are Many' is released today. I haven't seen it yet but it looks like an inspirational film which is what we need given the challenges the UK (and the world) faces now with #TTIP #Fracking #Austerity etc



#fracking #climate #protest #resistance #occupy #action #parliament #anonymous #uk #climatechange #war
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Rincewind před 4 let od Diaspora

Greece draws up drachma plans, prepares to miss IMF payment


Greece is drawing up drastic plans to nationalise the country's banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften its demands.
#Greece #BOA #Austerity #Left #Banks #Default #Eurozone #Syriza #Debt

Via @David Scott

http://www.telegraph.co.uk/finance/economics/11513341/Greece-draws-up-drachma-plans-prepares-to-miss-IMF-payment.html

Telegraph.co.uk: Greece draws up drachma plans, prepares to miss IMF payment (Ambrose Evans-Pritchard)

"We may have to go into a silent arrears process with the IMF. This will cause a furore in the markets and means that the clock will start to tick much faster," the source told The Telegraph. Syriza's radical-Left government would prefer to confine its dispute to EU creditors but the first payments to come due are owed to the IMF .
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Sean Keene Ⓐ před 4 let od Diaspora
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