Finance Expert on How France & Italy May Bring Down European Community, Euro | WHAT REALLY HAPPENED


Finance Expert on How France & Italy May Bring Down European Community, Euro

The failure of France and Italy to lead their economies out of the crisis may bring down the European Community and the euro, Fabien Chalandon, a French private investor, banker, and writer told Sputnik. He explained how the impoverishment of the lower part of the middle class had given a boost to the rise of populism in Europe.

Sputnik: While Eurosceptic parties came out on top in Italy, French President Emmanuel Macron and British Prime Minister Theresa May have found themselves in dire straits. Meanwhile, Angela Merkel announced that she would step down in 2021 as chancellor. What's your take on the changes going on within the Big Four of Europe? What are the major causes behind this shift? Can we compare the ongoing changes to what happened to Europe after the fall of the Iron Curtain?

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