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Berlusconi Ally May Seek Local Currency for Use Alongside Euro

Silvio Berlusconi’s biggest political ally in the campaign for Italian parliamentary elections said he may support a plan to create a local currency that could be used alongside the euro in the region of Lombardy.

“Creating an alternative circuit, not a substitute but an alternative, is useful and can be used in moments of difficulty and economic crisis to give real help to companies,” Roberto Maroni, head of the Northern League, said yesterday in a video-recorded interview with Il Giorno posted on the newspaper’s website. “There are studies underway and we’re thinking about it. I can’t rule out that in the end we too decide to do it.”