The Democratic Party (PD) of
Premier Matteo Renzi on Tuesday shot down a proposal by Beppe
Grillo, the leader of the anti-establishment 5-Star Movement
(M5S), for Italy to hold a referendum on the euro, saying such a
ballot was proscribed by the constitution.
"Over and above the value of the proposal, which is
abstruse to say the least (...), we remind the Genoese comic and
his distracted advisors that the Constitution does not allow
referendums to be called on matters and subjects governed by
international treaties," said PD MP Federico Gelli.
Earlier on Tuesday Grillo said Italy must exit the euro to
avoid a Greek-style financial meltdown.
"Let's take back monetary sovereignty and emerge from the
nightmare of bankruptcy via default... to not end up like
Greece," said Grillo, launching a drive for a referendum on the
subject.
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