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It’s Now Clear: Five Star Lega Deal is a Commitment to Leave the Eurozone

There was some confusion Tuesday over the exact wording of an Italian coalition agreement. The agreement is now clear.

Italy Coalition Agrees to Leave the Eurozone

I typically do not agree with Eurointelligence regarding views on what “should” happen. However, I nearly always agree with them on what “is” happening.

Eurointelligence is pro-big-Europe, I am not. Tonight Eurointelligence lays it on the line:

“And By the Way: We are Leaving the Eurozone”

The Huffington Post Italia had an extraordinary scoop last night when it got ahold of a 39-page draft document setting out a coalition agreement between Lega and Five Star. It is unbelievably extreme – right out of the 1930s. The copy of the contract is dated 14 May at 9.30am. It precedes Monday’s discussions between the party leaders and President Sergio Mattarella, and the parties have already said that it is out of date. It may be, but the document gives a good reflection of the sheer radicalness of two parties.

The parallel governance is probably the single most important, and hitherto unknown, proposal. We translate its name as a Reconciliation Committee, and its role is to adjudicate when there is a conflict between the two parties inside the government. Since such a committee is not foreseen in the Italian constitution, it would only have an informal role. But, as Huffington Post Italia rightly points out, the creation of such a committee would undoubtedly give rise to inter-institutional conflict, and possibly even to a constitutional crisis. The committee would take formal decisions in areas such as international crises, natural disasters, law and order, and public health. It would comes together whenever any of the parties requested it. Its members would be the prime minister, the presidents of Five Star and Lega, the political leaders of the chamber of deputies and the Senate, and any ministers relevant to a particular decision.

…click on the above link to read the rest of the article…

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