…for leaving the European Union altogether.
By openly invoking the role of investors, financial markets and the defense of the eurozone in his speech on Sunday, the president [Italian President Sergio Mattarella] lends credence to the populist argument that Italy has become the battleground in a war between the international establishment and national democracies. Even if populists win the elections, their supporters believe, they will never be allowed to hold power for fear that they would oppose the dogma that dominates the eurozone.
That speech was his rationalization for his decision to block the coalition of the two parties who one the last national elections from forming a government. With that speech, he demonstrated the fact of the Italian peoples’ belief.
And this from European Commissioner for Budget and Human Resources Günther Oettinger:
…markets will teach Italians how to vote….
And German Chancellor Angela Merkel’s
comparison between Italy and Greece is an unveiled threat: Italians had better toe the line, or they will not be spared what the Greeks have been going through.
The Wall Street Journal‘s editors have this one right.
[W]hat is happening in Rome is not only about the future of the euro. It has also to do with the state of democracy, in Italy and in Europe. Discussing and questioning the governance of the eurozone, as the Italian right-left populist coalition wished to do, should not be a taboo in mature democracies.
But national sovereignty be damned, and to hell with democracy and what petty voters want. That’s the elitist EU attitude. The worthies of EU governance Know Better.
This is what the Italian people need to think very seriously about in the coming national elections.