News for hackers. Stuff that matters.

A comment on Why Italy Could Be the Epicenter of the Next Financial Crisis. Parent comment

Re:Why Italy Could Be the Epicenter of the Next Financial Cr... by acifani on Sunday October 14, 2018 @11:58AM (#18213501)
What welfare are you talking about? Italy has been a net payer [0] in EU contributions from since I could remember

[0] https://www.cbs.nl/en-gb/news/2016/50/netherlands-largest-ne...

[ Parent | on HN ]
Re:Why Italy Could Be the Epicenter of the Next Financial Cr... by Tsubasachan on Sunday October 14, 2018 @02:42PM (#18214371)
The biggest welfare is being in the same political Union as better functioning economies. I shudder to think how expensive it would be for Italy to raise money on the international bond market if it wasn't for the ECB.
[ Parent | on HN ]
Re:Why Italy Could Be the Epicenter of the Next Financial Cr... by beerlord on Sunday October 14, 2018 @10:56PM (#18217110)
More than offset by the ability to control their own currency and interest rates. They could immediately print away their external debts, for example.
[ Parent | on HN ]