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  • Silvio Berlusconi says euro exit would be a 'disaster' for Italy

    From telegraph.co.uk

    Read Full Story at telegraph.co.uk

    Ex-Italian prime minister Silvio Berlusconi has said that a euro exit could lead to a disintegration of the single currency. Silvio Berlusconi, the former Italian prime minister, has said that an exit from the euro by Italy “would be a disaster”. In an interview with French newspaper Liberation, Mr Berlusconi said that his political allies are united in support for the euro and have backed Mario Monti, the current prime minister, to push for more stimulus measures since austerity and budgetary discipline aren’t enough. Should any country leave the single currency, it is possible that the euro would ... (full story)

    • Guest

      IP XX.X.44.144
    • fact of the matter is no country is leaving the euro its a game to keep volatilty in the market the real problem is the usa debt clock

    • Viv108

      496 posts
    • This guy is obviously a graduate from the university of the bloody obvious.

    • Manipulator

      282 posts
    • Merely seeking relevance the issue of Italy or any other country for that matter exiting the eurzone is an irrelevancy and the market knows that already. therefore this news is redundant for the purpose of price discovery and in the category of trade alerts our trading technology captures as market noise.

      The truth is - a single country exiting the union will cripple the union forever, the politicians know that and the market knows it too. Should there be serious doubt the politicians will be swift enough to quell it. This is a true fundamental for the euro and traders should keep this in mind when valuing the euro this week.

    • nAVIN2007
      nAVIN2007's Avatar

        17,028 posts
    • Quoting Manipulator
      Merely seeking relevance the issue of Italy or any other country for that matter exiting the eurzone is an irrelevancy and the market knows that already. therefore this news is redundant for the purpose of price discovery and in the category of trade alerts our trading technology captures as market noise.

      The truth is - a single country exiting the union will cripple the union forever, the politicians know that and the market knows it too. Should there be serious doubt the politicians will be swift enough to quell it. This is a true fundamental...
      yes ..well said!

    • IberoForex

      560 posts
    • Who is this thing ... I always thought that the twenty-first century such things would not be part of the opinion of society.

    • Martin de

      153 posts
    • did he say leaving the euro wasn't so bad just a week or so ago?

    • Manekineko
      Manekineko's Avatar

      202 posts
    • Bunga bunga forever he is our Italian macho at 75 years old Politicians are like flags they follow the wind. Or someone is buiyng Madiolanum, Mediaset shares ? The great distaster is italians don't wake up.Nothing will change...

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