Italy Announces Plan To Leave ‘Crumbling’ European Union

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Italy has begun the process of exiting the failing European Union by replacing the euro with its very own sovereign currency. 

Italy has begun the process of exiting the failing European Union by replacing the euro with its very own sovereign currency. 

The move has sparked fears across the EU of an imminent ‘Italexit’ which EU ministers fear will be the final nail in the coffin for the European Union.

Express.co.uk reports: The complex plan has the approval of the European Central Bank.

Among the parties backing it is Silvio Berlosconi’s Forza Italia, which has enjoyed an astonishing comeback in the polls.

The revelation comes as Martin Schulz, the leader of Germany’s Social Democratic party who is tipped to become Chancellor Angela Merkel’s deputy, last week called for the creation of a United States of Europe by 2025.

The certificates, known as CCFs, give workers and businesses tax breaks to boost income and productivity.

Although not legal tender, everybody can use them to pay taxes, buy government services or exchange them for goods or euros.

According to a report by global analyst GEFIRA, “It is highly likely that commercial operators, such as shops, will accept CCFs as an alternative to the euro.

“They can be used as a parallel currency.”

Independent MEP Diane James said: “If Italy does manage to leave the single currency, it is only a matter of time until it formally leaves the EU and the whole house of cards comes crashing down.”

Sean Adl-Tabatabai
About Sean Adl-Tabatabai 17883 Articles
Having cut his teeth in the mainstream media, including stints at the BBC, Sean witnessed the corruption within the system and developed a burning desire to expose the secrets that protect the elite and allow them to continue waging war on humanity. Disturbed by the agenda of the elites and dissatisfied with the alternative media, Sean decided it was time to shake things up. Knight of Joseon (https://joseon.com)