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Italy explores its own "bilateral Brexit deal" with Britain as its economic crisis nears danger level


Italy is drawing up emergency plans to safeguard financial stability and keep trade with the UK flowing even if there is a no-deal Brexit, if necessary through a bilateral deal between Rome and London. The country’s insurgent Lega-Five Star coalition is increasingly worried that a mishandling of the EU’s Brexit crisis could push Italy's fragile economy into a dangerous downward slide and risk a funding crisis for its sovereign debt at a treacherous moment. Premier Giuseppe Conte has told his Brexit Task Force to focus urgently on ports, airports, customs, and the handling of food trade, as well as the status of Italians living in the UK.

The Telegraph - February 10, 2019

View the full story here: https://www.telegraph.co.uk/business/2019/02/10/italy-explores-bilateral-brexit-deal-britain-economic-crisis/