100,000 Italians sign petition for eurozone exit referendum…(EU Is Toast!)

Saturday, April 11, 2015
By Paul Martin

RT.com
April 10, 2015

Italy’s Five Star Movement (M5S) party has collected more than 100,000 signatures on a petition calling for a law that would allow a referendum on withdrawal from the eurozone.

M5S MP Carlo Sibila says he expects a referendum to take place at the start of next year. Though the petition has already surpassed the required amount of signatures needed for the initiative, Sibila said that he hopes it will gather another 50,000 by early May in order to highlight the issue.

“Who wants to stay in euro? This is the main question,” Sibila told RT. “But we don’t want to get out just like this – we want a program and a discussion, and then let the citizens decide. It’s really necessary today as the situation in Italy is going from bad to worse where jobs and economy are concerned.”

The Italian constitution, however, does not provide for the cancellation of international agreements through referenda.

According to Sibila, Italy’s debt increased dramatically after the introduction of the euro. He also noted that Italy’s unemployment rate hovers around 12.7 percent, the sixth highest in the EU.

The Rest…HERE

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