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EU’s Verhofstadt: A new sovereign debt crisis could be just around the corner, this time in Italy

Brexit Coordinator for the European Parliament, Guy Verhofstadt, took to Twitter last hour, expressing his take on the Italian crisis and the Brexit deal.

Tweets:

“Progress on the Brexit negotiations can be 90%, 95% or even 99%, but as long as there is no solution for the Irish border, as long as the Good Friday agreement is not fully secured, for us in our Parliament progress is 0%.”

“A Brexit deal can be reached as it’s in the mutual interest, but one last push on citizens’ rights will help: an offer of unlimited onward movement for UK citizens in EU27, in exchange for lifelong return to the UK for EU citizens. I know the UK could agree, so let’s deliver it.”

“10 ys after the outbreak of the financial crisis we still need real Eurozone reform. A new sovereign debt crisis could be just around the corner, this time in Italy. There isn’t a single financial institution in the world that doesn’t hold Italian bonds or securities.”

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