"Stagnation and misery will breed political monsters... EU policies have to change"

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Are we headed towards Europe''s next crisis? The European Commission has given Italy three weeks to come back with a leaner budget, after becoming the first ever Eurozone member to have its budget rejected. Is this political theatre or will the new populist coalition in Rome be ready to brave the wrath of Brussels and the markets. The stakes are high with eighteen other countries sharing the common currency.

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