Italian Standoff 2018 – get ready for a new round

La situación de Italia by Tovar

Welcome back to Italy, the country where the distance between tragedy and farce is shorter every day. As for the title of this post, the 2018 political standoff goes on with more and more shades of political degradation with no end in sight.

Yesterday our president Sergio Mattarella refused, once for all, to greenlight the start of a new government. In our constitutional laws, he was authorized to do that, but it is the first time ever that the motivation of such denial was tied to the possible destabilization of the Euro currency and to the general connection between our national economic system and the EU financial system. That’s thin ice at best.

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