When you owe the bank a thousand dollars it’s your problem. When you owe the bank a few hundred billion dollars it’s the bank’s problem, in this case, specifically German banks.
Italian Interior Minister and leader of The League Matteo Salvini was thwarted in his push to get control of Italy’s fractious political landscape recently.
Salvini knows that timing in politics is everything. Going for a consolidation of power the people seem to want of him, while Brussels is up to its neck in Brexit and financial markets becoming more unmoored from reality every day is the right move.
The WMD lies of the early 2000s have set the bar high for interventions based on military intelligence. And Syria has shown that without conclusive evidence, Europe isn’t about to send in the troops.