Italy

Something is happening across Europe, says the Sun – but EU leaders are still intent on burying their heads in the sand. Following Matteo Renzi’s defeat in the Italian referendum on Sunday and far-right Eurosceptic candidate Norbert Hofer’s good showing in the Austrian election, it’s clear that ‘voters across Europe are increasingly rejecting the EU’s self-interested ruling consensus,’ the paper says. But while the outcome for the continent does not look good, the signs of instability in Europe can arguably be only a good omen for Theresa May as she looks to negotiate Britain’s Brexit deal. The Sun argues that this instability ‘strengthens Theresa May’s hand’ and suggests that the increasing

Matteo Renzi has resigned from being Prime Minister of Italy but he has not resigned from the Democratic Party.  He has not done a David Cameron or David Miliband and left public life. This means that he will be back next year, and it also means that he will act as kingmaker in the coming days.  Right now, he will be working away behind the scenes to help organise the next coalition government that will soon be ushered in to pass the Budget law and to ensure the smooth passage of the banking bail out.   There is zero appetite among Democratic Party members or their junior coalition partners to call a general

Voters in Austria and Italy head to the polls tomorrow and could plunge the EU into a political and economic crisis, as I say in The Sun today. In Austria, the candidate of a genuinely far-right party—its first leader was a former SS officer—could become president. If the Freedom Party’s Norbert Hofer does win, and the race is too close to predict with any confidence, it’d show that the very extremist forces that the European project was meant to crush are now on the rise—and in part, because of the EU’s own failings. But it is the Italian referendum that could have the more immediate consequences. Italy bans polls just

Though he is a big fan of the European Union, Barack Obama brings bad karma to it. So perhaps he should not have chosen Greece and Germany, the two countries which illustrate so poignantly why the euro is doomed, for his last foreign tour. His farewell visit is, if not a kiss of death, surely a bad omen for the EU and most immediately for one of those present in Berlin to bid him goodbye: Italy’s prime minister, Matteo Renzi, who has called an all–important referendum on constitutional reform for 4 December. If he loses, as looks ever more likely, it could cause a run on Italy’s sclerotic banks that could

 Ravenna At a car park a short walk from Dante’s tomb, one of the gang of illegal immigrants who tell motorists where to park and hound them for cash agreed to talk to me for €20. His name was Billy, he said, and he was 22. He was from Senegal and a Muslim. He had come to Italy by fishing boat 14 months ago from Libya, where he had arrived via Mali and Algeria. He paid €200 for the trip (the going rate is said to be at least €1,000) and his boat landed at Lampedusa, 160 nautical miles from Tripoli. ‘Why did you come?’ I asked. ‘In Senegal, no

I’ve just been given a personal tour of Ninfa by Monty Don. True, I had to share the thinking woman’s TV gardener with a number of others, but I’m convinced his attention was focused solely on me. The occasion was a visit to three outstanding gardens outside Rome — Ninfa, Villa d’Este and Landriana — to celebrate a quarter-century of Gardeners’ World magazine in the company of its editor, Lucy Hall. Monty was an added inducement for the tour of Ninfa, after which he was to give a talk on the evolution of Italian gardens. Rather like a gentleman’s club, Ninfa satisfies one’s inner snob. The eight–hectare garden, within 105

In Italy, media coverage of the triumph of Brexit has been wall-to-wall as Italians worry about the collateral damage and wonder if they too dare… So far La bomba Britannica has hit the Milan stock market much harder than the London one. On Friday, Milan fell by 12 per cent against the FTSE-100’s 3.5 per cent. Italy’s banks — too numerous, too small, undercapitalised and saddled with alarming levels of toxic debt — took the biggest hit. New eurozone rules that ban government bailouts for big depositors have turned them into sitting ducks. Shares in Monte Paschi di Siena (bailed out once already in 2013 by Italy’s central bank) fell