Italy’s Electoral Puzzle Raises Hard Questions on Euro Reform
- Euro-area finance ministers discuss bloc’s future in Brussels
- Populist victory in Italy ‘unfortunate challenge’ to euro area
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Emmanuel Macron’s ambitious plans for the euro area got a reality check on Monday as finance ministers met for the first time since Italy’s bombshell election.
A week after Italian voters swung toward populists, concerns about the country’s debt pile and its hostility toward monetary union complicated the debate about how to push ahead with the French president’s plans to reform the bloc alongside German Chancellor Angela Merkel.