Al Jazeera: “Italy’s crisis is about to get much worse”

After months of political deadlock following an inconclusive election, Italy is on the verge of a major political crisis with global implications. Earlier this month, the far-right League party and the Five Star Movement – which practices a new breed of “centrist populism” – proposed a new government that European Union officials saw as a threat.

On May 27, Italian President Sergio Mattarella vetoed the appointment of a Eurosceptic finance minister in an attempt to reassure financial markets and dispel the risk of Italy abandoning the euro, the EU’s single currency. But his decision might deliver just that…

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