Euro Exit Can’t Be Taboo in Indebted Italy, Grillo Says
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Italians should consider exiting the euro amid rising public debt and no signs of economic recovery, said Beppe Grillo, a comedian-turned-politician opposed to Prime Minister Mario Monti’s austerity measures.
“Let’s face the issue, it can’t be a taboo,” Grillo, 63, said in an interview yesterday after his Internet-based political movement emerged as the third-biggest party in local elections this week. “As debt rises, spending isn’t under control, businesses close down, labor cost is up, salaries are down and we don’t even have the power of bargaining our debt.”