Im sarah montague. The European Union in greater trouble than ever before. Its notjust because of brexit, even founding members countries like italy are unhappy about the direction its headed. The Italian Economy has always struggled within the straightjacket of the euro. And its wanted its fellow members to help share the burden of the half a million migrants who have turned up on its shores over the past three years. My guest here at the Italian Embassy in london is italys europe minister, sandro gozi. He is a passionate european. How does he think the eu should change if it to survive and win over the next generation of europeans . Sandro gozi, welcome to hardtalk. You have said that the beginning of European Disintegration has started with brexit. Is the eu disintegrating . If it remains the status quo, certainly. It must get out of the status quo. It must show there is a political reaction to the series of crises that has hit the union. Among these, the major one is certainly the
Im sarah montague. The European Union in greater trouble than ever before. Its notjust because of brexit, even founding members countries like italy are unhappy about the direction its headed. The Italian Economy has always struggled within the straightjacket of the euro. And its wanted its fellow members to help share the burden of the half a million migrants who have turned up on its shores over the past three years. My guest here at the Italian Embassy in london is italys europe minister, sandro gozi. He is a passionate european. How does he think the eu should change if it to survive and win over the next generation of europeans . Sandro gozi, welcome to hardtalk. You have said that the beginning of European Disintegration has started with brexit. Is the eu disintegrating . If it remains the status quo, certainly. It must get out of the status quo. It must show there is a political reaction to the series of crises that has hit the union. Among these, the major one is certainly the
Im sarah montague. The European Union in greater trouble than ever before. Its notjust because of brexit, even founding members countries like italy are unhappy about the direction its headed. The Italian Economy has always struggled within the straightjacket of the euro. And its wanted its fellow members to help share the burden of the half a million migrants who have turned up on its shores over the past three years. My guest here at the Italian Embassy in london is italys europe minister, sandro gozi. He is a passionate european. How does he think the eu should change if it to survive and win over the next generation of europeans . Sandro gozi, welcome to hardtalk. You have said that the beginning of European Disintegration has started with brexit. Is the eu disintegrating . If it remains the status quo, certainly. It must get out of the status quo. It must show there is a political reaction to the series of crises that has hit the union. Among these, the major one is certainly the
MILAN (Reuters) -Italy attracted strong interest from funds when it sold 25% of Monte dei Paschi di Siena (MPS) for 920 million euros ($1 billion) on Monday, advancing plans to re-privatise the world's oldest bank two years after a failed first attempt. The sale is a testimony to the progress Italian banks have made in cleaning up their finances, which contributed to Moody's unexpected decision on Friday to upgrade its outlook on the country's credit rating to stable from negative. It also buys Italy time to find a more permanent solution for its fifth-largest listed bank, including via a merger deal that a dearth of buyers made hard to pursue in the near term.
International Business News: Italy plans to generate 1% of GDP, equivalent to €21 billion ($22.2 billion), through asset sales between 2024 and 2026, according to the Treasury's E