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Italian “No” wave hits Euro in Japanese markets

Monday, December 5th 2016 - 21:36 UTC
Full article 3 comments

The euro tumbled on Monday in Tokyo following the results in a referendum held in Italy on Sunday to decide whether Prime Minister's Matteo Renzi's plan to reform the Constitution should be carried out. After conceding defeat, Renzi announced he would be submitting his resignation to President Sergio Mattarella on Monday. The referendum results raised political uncertainty at continental level. Read full article

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  • The Voice

    Schäuble says Greece Must Reform or Leave Eurozone! Ooer…

    Dec 05th, 2016 - 09:50 pm - Link - Report abuse +1
  • Briton

    It had to happen,

    the sooner we leave the better.

    Dec 06th, 2016 - 01:32 pm - Link - Report abuse 0
  • The Voice

    Analysis of the result has revealed that it was driven largely by the younger section of Italian society wanting to escape the stranglehold of the Euro and the EU. Both viewed as causing mass unemployment and a permanent slump. Wealth in Italy is the same as in 2000, whereas Germans are 20% better off. The sooner Italy Greece Spain and Portugal get out of the Euro the better for them. Cheaper holidays for us too ;-)

    Dec 06th, 2016 - 02:47 pm - Link - Report abuse 0

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