10:11 18 July
10:08 18 July

Berlusconi says Italy can't leave euro; coalition ally disagrees

Silvio Berlusconi said on Tuesday that Italy must not leave the euro but his main coalition partner immediately disagreed, underlining policy differences in the centre-right bloc which is expected to take most seats in an election in March, APA reports quoting Reuters.


Berlusconi said in a radio interview that leaving the single currency would hurt Italy’s economy and added that his main ally, the eurosceptic Northern League, now shared his view.


But the League’s economics spokesman Claudio Borghi shot back that if the centre-right won the March 4 election it would immediately prepare for Italy to exit the euro, which many Italians blame for years of economic underperformance.


The conservative alliance, which also includes the far-right Brothers of Italy party, is projected to win most seats at the election but to fall short of an absolute majority.


The anti-establishment 5-Star Movement, which is the most popular single party, has steadily rowed back on its previously eurosceptic stance and its leader said on Tuesday that leaving the single currency was no longer a party policy.


In an interview with Radio Capital, Berlusconi - whose Forza Italia (Go Italy!) party is the lynchpin of the centre-right coalition - said he spoke on behalf of League leader, Matteo Salvini, who has given mixed signals on the euro.

“Salvini is no longer of the idea that we should leave the euro,” Berlusconi said. “He has understood that it would be technically impossible and unsustainable for our economy.”


The League has softened its anti-euro rhetoric recently but 81-year-old Berlusconi, who has often in the past claimed to speak on behalf of others, may have been overstating the change of tone in an effort to reassure moderate voters.


Shortly afterwards Borghi gave a very different view of the League’s position in a television interview.


“One second after the League is in government it will begin all possible preparations to arrive at our monetary sovereignty. It’s a question of national security,” he said.

Related news releases



  • SOFAZ revenues from bonuses on oil and gas agreements to mak...
  • USD rate for tomorrow announced
/ 19 July , 2018