What’s Going On In Italy, And Why Are Markets Freaking Out About It?Daily Caller, May 30, 2018, Will Racke
Italy is embroiled in what some are calling its worst political crisis in decades — one that threatens to upend not just the domestic political order but Europe’s entire common currency project.
To American observers accustomed to a two-party system and winner-take-all elections, Italy’s fractious parliamentary politics can seem extraordinarily confusing — if not completely inscrutable.
But the current crisis essentially breaks down into a fight between two opposing camps — the pro-European Union establishment and a coalition of populists deeply skeptical of Italy’s continued membership in the bloc.
How did it come to this?
What do the populists want?
What does Italy’s political crisis mean for the euro?
More:
http://dailycaller.com/2018/05/29/italy-political-crisis-markets-european-union/