The risk of a Greek default is growing. There is no time to lose. The default will hit Greece hard but also Italy will be affected. It is not easy to estimate immediate losses from a Greek default for Italy. If we make a comparison with France, we can have an idea on how much… » read more

Posted by Gianni PITTELLA MEP

According to some newspapers, the sherpa of the Eu Commission are reflecting on how better organizing the Greek exit from the Eurozone. This rumour has destabilised the financial markets: the Stock markets went dramatically down. What is it playing at? Weren’t we all committed to do everything possible to avoid a Greek default? Instead of… » read more

Posted by Gianni PITTELLA MEP