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Tag: Italy

Hunting Tourists in Europe for Fines

COMMENT: Hi Marty, The hunt for taxes is really getting out of control. I enjoyed a week of vacation in Italy and on my way back home I had a few hours to kill in...

Italy to Raise Taxes to Satisfy Brussels – Why the Euro Will Fail

  The European Union (EU) has been pushing Italy for a very long time to reduce its deficit. Of course, governments are never capable of reducing their own...

Draghi Admits EU May Breakup For First Time

For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any...

2017 is Looking More Optimistic Than Ever

The only thing about international trade is that someone cannot have a trade surplus without another experiencing a trade deficit. We all cannot have trade...

Italy Threatens to Veto EU Budget – No More Refugees

The Italian Prime Minister is calling for immediate help with the refugees. The EU refugee crisis is becoming a huge nightmare and Brussels refuses to simply admit...

Why Are Italian Banks Breaking Europe?

QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy...

European Economic & Refugee Crisis

Angela Merkel has finally admitted that she essentially invited terrorists into Germany, and thus to Europe, in the obvious wake of the Nice attack. Besides...

Banking Panic in Italy

We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in...

Video: The Naples Riots

A video of the riot in Naples was posted to...

ECB Losing Control

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight...