John Ward – Italy Crisis : Read Letta’s Lips, BamB Austeriy Is Over – 30 April 2013

From the moment he was ‘chosen’ (rather than elected) Enrico Letta (left) made it clear: no more austerity for Italy. Just in case anyone in Brussels-am-Berlin might be hard of hearing, yesterday in the Italian assemby, Signor Letta gave everyone a watch-my-lips moment: austerity is dead, time to change course. Despite troll propaganda to the contrary, I’ve been saying for nearly a year now that events in ClubMed and then opposition at home will lead to Germany leaving the euro before Greece does. Yesterday, Enrico Letta turned that strong likelihood into a near-certainty.