Tag Archives: Italy

Eurosceptic parties are expected to make a strong showing at the polls on the ninth parliamentary election since 1979

The next election to the European Parliament is expected to be held between 23 and 26 May 2019, and will be the ninth parliamentary election since the first direct elections in 1979. A total of 751 members of the European Parliament (MEP`s) currently represent more than 512 million people from 28 member states.

The polarization of the European Parliament after the 2019 election is growing. Centrist parties, including center-left, center-right and liberal parties, are struggling to maintain a majority (376) of seats.

The ninth parliamentary election will make a big change because new parties such as Confederation and Kukiz15 of Poland, Czech Pirate Party of Czech Republic, Alliance, Basta! And Liberal Initiative of Portugal, USR and PLUS of Romania, LMS of Slovenia, Human Shield, Most and Workers Front of Croatia, L`SNS and Sme Rodina of Slovakia will participate.

For the liberals, the biggest hope is that the new La Rèpublique En Marche! of French President Macron will choose to join ALDE after the elctions.

However, En marche is expected to be more likely to try to form a new parliamentary group of pro-European centrists who support Macron`s plans to reform the European institutions, thus drawing away members from ALDE, EPP and S&D.

Possible partners for such a project might include Spanish Ciudadanos, Progressive Slovakia and the Hungarian Momentum Movement. While it is likely that En Marche will put together the minimum of 25 MEPs needed to form a group, the requirement to include MEPs from at least seven member states would be more difficult.

The European Spring initiated from the Democracy in Europe Movement 2025 will run as a pan-European party alliance with one unified vision for Europe; the European Green New Deal.

The most prominent figure is the former Greek minister Yanis Varoufakis, who will run as candidate in the constituency of Germany.

Volt Europa, a pan-European progressive movement, will run in several countries under the same name in the attempt to form its own group.

The leader of the Italian Five Star Movement has expressed a desire to form an anti-establishment faction of their own within the EU.

Pablo Iglesias, Catarina Martins, Jean-Luc Mèlenchon and several others have formed an alliance in Maintenant le Peuple opposed to the PEL, but they are likely remain in GUE/NGL.

The Movement is an alliance of right-wing populist parties set up by Steve Bannon with the purpose of contesting the European elections. Participating parties include Lega Nord, People`s Party of Belgium and Brothers of Italy and possible French National Rally.

Originally envisioned as an attempt to unite the right-wing populist parties in Europe. The Movement has so far been snubbed by the Alternative for Germany, the Freedom Party of Austria and the UK Independence Party.

The biggest party is the European Peoples Party (EPP), followed by Progressive Alliance of Socialists and Democrats (S&D) and Alliance of Liberals and Democrats for Europe (ALDE) + En Marche! Next can be Salvinis European Alliance of People and Nations (ex ENF).

EPP`s Incumbent Jean-Claude Juncker has stated he will not seek a second term as President. Two candidates sought the nomination of the EPP: Alexander Stubb, the Vice-President of the European Investment Bank, former prime minister, foreign minister and finance minister of Finland.

Manfred Weber, current group leader for the European People`s Party in the European Parliament and member of the Christian Social Union in Bavaria has been backed by Angela merkel as Spitzenkadidat for the party.

Oriol Junqueras, a Catalan historian, academic and former Vice President of Catalonia who is currently imprisoned because of his involvement in the 2017 Catalan independence referendum, is the Spitzenkadidat of the European Free Alliance.

Eurosceptic parties are expected to make a strong showing at the polls and all the Brexit-mess have made Eurosceptics more silent. So, instead of leaving the EU, Europes right-wing nationalists like Marine Le Pen of France, Italys Matteo Salvini, and the AfD will stay and rather try to «change the EU from the inside».

European economics commissioner Pierre Moscovici has warned of the dangers of a populist «breakthrough» for the EU`s future. He describes these elections as the «most delicate and most dangerous ever».

The nationalist Eurosceptics threatened to «destroy the EU as we know it», Pierre said. Choose your future.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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No-deal Brexit means less Italien Prosecco for the Britons

No deal is not only bad for the United Kingdom but also for the European Union as well. No deal will make them both suffer economically. Populist-Italy is already into a recession and a no deal will not make it any better.

A no deal means less Italian Prosecco for the U.K. Britons bought a record 164 million bottles of champagne and sparkling wine last year, but the effects of Brexit has hit Prosecco long time ago. For the first time in over a decade, exports of Prosecco to the U.K are slowing.

Prosecco is made from Glera grapes grown in the area surrounding the village of Prosecco near Trieste in north-east Italy. In 2015, Prosecco overtook champagne as Britain`s favorite sparkling wine, but it seems like the popularity has peaked for a while.

According to UHY Hacker Young, the Prosecco sales increased by only 5% compared with the previous year which is the smallest annual sales growth since 2011. A 5% decrease in sales isn`t bad, but it is bad compared to several yars of double-digit growth, and this can only be the beginning if we se a no deal between the U.K and the E.U.

Britons consumed 112,7 million bottles of DOC Prosecco in 2016 and exports to the U.K, U.S and Germany accounted for 75% of the sales.

If Boris Johnson want a bottle of Prosecco on Valentines day, he have a great chance to buy it at a normal price, but it can be one of the last chances because a no-deal Brexit will stifle trade and limit choice.

A deal win-win deal will help them both. Italy will sell more bottles of Prosecco and Britons will continue to enjoy a wide range of quality sparkling wines on Christmas eve later on this year. A deal without tariffs.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Around 40% of voters in Italy remain undecided and no party or alliance is expected to earn an outright majority

Take a look at the history and you can clearly see that all the roads leads us back to Rome and Italy.

A country that gave the world pizza. The founder of that dish is a genius. The term pizza was first recorded in the 10th century, in a Latin manuscript from the Southern Italian town of Gaeta in Lazio.

Not only that. Rome is also the capital of Italy, and serves as the capital of the Lazio region. The Vatican City is an independent country inside the city boundaries of Rome, which means Rome has been often defined as capital of two states. 4,3 million residents live in the metropolitan City of Rome, and most of them head to the polls on Sunday in a vote that will be closely watched by European leaders.

Italys election on Sunday will test Europenerves, because it can make instability in the eurozones thrid-largest economy. It should be a great place on earth, but it isnt. Italy`s unemployment rate rose to 11,1 percent in January 2018, and the youth unemployment rate fell to 31,5 percent, which is the lowest since December 2011.

The Italian economy advanced by 0,3 percent on quarter in the three months to December of 2017, so the growth is very slow. The Italian stock marked plummeted during the financial crisis ten years ago. The unemployment rate was at its lowest in 2007, but skyrocketed after the crisis.

Italy`s Government debt reached an all time high of 132 percent in 2016 which is more than the U.S but it dropped to 131,5 percent last year. Italy need a change, but that change can be painful and Italy can be drown into months of further political deadlock.

Around 40% of voters remain undecided and no party or alliance is expected to earn an outright majority, according to analysts.

European leaders are watching this election closely because so far, polls are telling us that the populist, anti-European Union Five Star Movement (M5S) is the biggest party. Twice as big as Forza Italia and the Democratic party at the second place.

The M5S is founded by Beppe Grillo who is a popular comedian and blogger. The party is considered populist, anti-establishment, environmentalist, anti-globalist, and Eurosceptic. At the 2013 general election the M5S was the most voted party.

People in Italy and many of their parties are euroskeptic, and one issue has dominated the pre-election debate, and that is immigration. Hundreds of thousands have arrived from Africa to Italy recently, and the debate over immigration has highlighted racial tensions ahead of Sunday`s vote.

Right-wing parties have pushed an anti-immigration agenda, and former Italian Prime Minister Silvio Berlusconi has warned that all the migrants in Italy has caused «serious social alarm,» and said that more than 600 000 undocumented migrants must be deported.

Migration has been a serious issue in Italy in many decades. When the Pope look outside the window in the Vatican, he can see some right-wing parties, but also some neo-fascist political parties.

Fascism is also coming from Italy. The founder of fascism is Benito Mussolini and he outlined three principles of a fascist philosophy.

  1. Everything in the state. The Government is supreme and the country is all-encompassing, and all within it must confront the ruling body, often a dictator.
  2. Nothing outside the state. The country must grow and the implied goal of any fascist nation is to rule the country, and have every human submit to the government.
  3. Nothing against the state. Any type of questioning the government is not to be tolerated. If you do not see things our way, you are wrong. If you do not agree with the government, you cannot be allowed to live and taint the minds of the rest of the good citizens.

The use of militarism was implied only as a means to accomplish one of the three above principles, mainly to keep people and rest of the world in line. Fascist countries are known for their harmony and lack of internal strife. There are no conflicting parties or elections in fascist countries.

There were a demonstration in Maceratata on February 10, and Italian protesters hold a banner reading «Against fascism, racism and sexism, everyday, in all cities.» Similar to how it was in Italy about 100 years ago, but it was a different march. The opposite.

The March on Rome was an organized mass demonstration in October 1922, which resulted in Benito Mussolini`s National Fascist Party. Fascists saw WWI as a revolution that brought massive changes to the nature of war, society, the state and technology.

Italy has an unproven new system in place for the voters. On top of that there is a bloc of undecided voters, so analysts say that Italy is headed toward a hung parliament. Berlusconi`s right-wing coalition can win. So can the Democratic party, Forza Italia and other centrist allies. It can also be a populist government of M5S and Northern League.

Another option is that the Gentiloni government will continue like it is today. If so, they will start long discussions on whether to build an all-party technical government.

The political situation in Italy right now, with its government instability, economic problems and repeated elections are building up to a perfect storm. It can be harmful for one of the main European democracies, but it can be very harmful for an already weak European Union in an already weak continental alliance too. Especially after Brexit.

Rome is called the «Caput Mundi» (Capital of the World). Rome is also regarded as the birthplace of Western civilisation and by some as the first ever metropolis. Rome is the 3rd most visited in the European Union, and Colosseum are among the world`s most visited tourist destinations.

After the fall of the Western Empire, which marked the beginning of the Middle Ages, Rome fell under the political control of the Papacy. All of this is a part of an evolution, so the show must go on.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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