And Now Beppe Grillo Wants Italians To Vote On Leaving The Euro
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Beppe Grillo, the leader of Italy's nascent Five-Star Movement catapulted into power by last week's Italian elections, is causing a bit of a stir this weekend.
Saturday, Grillo told German weekly news magazine Focus that given the dire straits Italy's economy is in, if things didn't change, Italians would want to leave the euro.
Then, in an interview Sunday with Bild — Germany's biggest newspaper — Grillo said he supports a referendum on euro membership.
Referenda on euro membership in the euro area periphery, which is suffering the pain of record levels of youth unemployment and, in Italy's case, a deepening recession, tend to spook investors.
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