Gerard (20/05/14 02:51)
A lot of bad PR for Italy. With stories like this it will look like a Greece 2.0. The amunot is basically peanuts but it simply makes them look corrupt, incompetent spenders of other people's money. You cannot go one with stories like this and expect the Northern taxpayer keep making funds available several times a year.Same with the return of Berlusconi. If that becomes a realistic option spreads for Italy will likely be getting Spanish or worse (like before when Berlusconi ran the show).As yourself, one would expect a 'cordon sanitaire' around him and his party. Leaving the EZ is probably not a really bad idea, but Berlusconi is definitely not the man to lead them to it. Italy would be dumped left, right, up, down, forward and backward the moment him becoming PM becomes a real possibility.