Italian Referendum Bigger Risk to Europe Than Brexit

Analysts at Citi have called a probable Italian referendum on constitutional reform next fall “the single biggest risk on the European political landscape this year,” bigger even than Brexit. In the midst of much hand-wringing over the possible consequences of the recent UK decision to detach itself from the European Union, Citi is saying that more serious dangersloom large on the horizon; namely upcoming referendums in Hungary and Italy…


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