What Italy’s Election Means for the EU
The EU – and the eurozone, in particular – are now facing a serious political challenge, exemplified by the outcome of Italy’s recent election. Are European institutions strong enough to confront that challenge, or must EU leaders rethink – and potentially recast – the pillars of cooperation?
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ROME – Italy’s recent election – in which voters rebuffed traditional parties in favor of anti-establishment and far-right movements, producing a hung parliament – should serve as a wake-up call for Europe. The decades-old project of building European unity may not just be far less robust than assumed; without a significant rethink, it may not even be viable.