http://www.cnn.com/2016/12/05/europe...son/index.html
Cliffs: Italy Prime Minister Matteo Renzi attempted to get a referendum passed with various political reforms. It lost by more than 18 points, and he resigned as a result.
Now this is giving strength to anti-EU movements in Italy, and specifically anti-Euro-currency.
The EU is not likely to allow Italy to break away from the Euro currency, which may cause an eventual exit of Italy from the EU. Italy is the third most populous country in the EU.
The Euro was worth just $1.06 -- I believe an all-time low -- after the referendum results. However, it has rebounded to $1.08.
I actually have 80 Euros at home, which I took on a recent vacation.
Originally Posted by Dan Druff
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