THE European Union is not prepared for the event of bankruptcy in Italy and is under an “illusion” the bloc can force Rome to comply by Brussels’ rules, according to the President of the Ifo Institute for Economic Research.
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EU under 'an ILLUSION': Brussels 'NOT prepared' for financial fallout of Italy budget
![EU under 'an ILLUSION': Brussels 'NOT prepared' for financial fallout of Italy budget]()
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12 November
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