Beppe Grillo Wants Italy to "Abandon the Euro as Soon as Possible", Seeks Referendum - InvestingChannel

Beppe Grillo Wants Italy to “Abandon the Euro as Soon as Possible”, Seeks Referendum

Beppe Grillo, leader on M5S (Five Star Movement) and Italy’s second largest political party seeks a referendum for Italy to leave the Euro. One might think this would be news, but a search shows that only RT, the BBC, ZeroHedge (where I found the story), and Prison Planet picked up the story. RT had the story first, way back on October 12, so let’s start there. Please consider ‘Ditch euro, defend Italy’s sovereignty!’ Eurosceptic leader calls for referendum. The leader of an influential Italian Eurosceptic political party, the Five Star Movement (M5S), says he will collect one million signatures required to petition the Parliament to conduct a referendum on Italy leaving the Eurozone as soon as possible. The Italian government is not effective in restoring jobs and helping people, said Beppe Grillo, the leader of Italy’s anti-establishment M5S, which burst onto the political scene last year winning 25 percent of the vote in its first parliamentary election in 2013. “Leave the euro and defend the sovereignty of the Italian people from the European Central Bank,” Grillo told his supporters at a M5S event in Rome. “We have to leave the euro as soon as possible,” he said. “We will collect one million signatures in six months and bring them to the Parliament to ask for a referendum to express our opinion.” “This time, we have 150 parliamentarians and senators, and we have time to submit [the signatures] to the Parliament and adopt a law on the referendum,” Grillo said referring to 109 seats out of 630 in the Chamber of Deputies and 54 seats out of 315 in the Senate that his party holds. Given that M5S garnered 21% of the vote, second only to PD’s 41% of the vote one might think this would be news. Yet, even though Grillo repeated the message recently, the only major news outlet to pick up the story was the BBC. New York Times, Financial Times, Bloomberg, Washington Post, where are you hiding? The BBC reports Italy’s Beppe Grillo Calls for Referendum on Leaving Euro. Beppe Grillo, the leader of the Italian Five Star Movement, has visited the European Parliament to present his programme to get a referendum in Italy on leaving the euro “as soon as possible”. The comedian turned politician is aiming to collect four million signatures in Italy by next spring. He will then go to parliament in Rome, where many of his MPs now sit, and demand a referendum. Transcript A referendum on the Euro. Next week we start collecting signatures. We will bring to parliament 3 or 4 million signatures, and this time we will have 150 of our own MPs [Members of Parliament]. And then we will ask for a referendum, something that wasn’t done in 1989. We’ve got all the parties in favor of leaving the euro with us. We have two thirds of the parliament. So we leave the euro and we bring down this system of bankers, scum. We are dying and need a plan B. And we are implementing it. We are plan B. This year has become a nightmare. It was never meant to be like this. We are not at war with ISIS or Russia, we are at war with the European Central Bank [ECB]. A number of bankers tricked us of

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