Brussels fears Italy’s instability and populism could spread to Spain
BayRadio | February 19, 2019
Political fragmentation and the emergence of a far-right party has raised concerns that the fourth-largest economy in the European Union could fall prey to euro-skepticism
The European Union, just like the markets, is ruling out a financial or budget meltdown as a result of the snap election announced in Spain for April 28. But Brussels is afraid that the euro zone’s fourth-largest economy could be affected by the same kind of political instability seen for years in Italy, which is currently led by a populist and euro-skeptic government.
The risk of seeing Spain follow in Italy’s footsteps is creating apprehension among EU institutions, which view Spain as one of the few member states that supports European integration and remains free of extremist parties.
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalised ads. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.