Poor but Proud

... of coalition talks and conflict between the president and parliament, will present an ultimatum to Brussels. The ultimatum is expected to include the following points: 1) The cancellation of Italy’s €250-billion debt to the European Central Bank (ECB); 2) The abolition of the financial and budgetary restrictions established by the 1992 Treaty of Maastricht, which Italy and several other EU countries have been ignoring for years. These restrictions include setting the maximum allowable budget deficit,...