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Juncker says Italy’s ‘fate’ not ruled by finances, EU’s budget chief thinks otherwise Juncker says Italy’s ‘fate’ not ruled by finances, EU’s budget chief thinks otherwise
(35 minutes later)
EU President Jean-Claude Juncker said Italy’s fate is not “in the hands of financial markets,” apparently replying to earlier comments by EU’s budget chief who said finance turmoil would teach Italians not to vote for “populists.”EU President Jean-Claude Juncker said Italy’s fate is not “in the hands of financial markets,” apparently replying to earlier comments by EU’s budget chief who said finance turmoil would teach Italians not to vote for “populists.”
“Italy's fate does not lie in the hands of the financial markets. Regardless of which political party may be in power, Italy is a founding member of the European Union that has contributed immensely to European integration,” Juncker said in a statement.“Italy's fate does not lie in the hands of the financial markets. Regardless of which political party may be in power, Italy is a founding member of the European Union that has contributed immensely to European integration,” Juncker said in a statement.
Despite the recent political developments in the country, Juncker is confident that it would continue “on its European path.”Despite the recent political developments in the country, Juncker is confident that it would continue “on its European path.”
READ MORE: 'We are with people, not bankers’: Italian Euroskeptic coalition lashes out at pro-EU interim PM
“The Commission is ready to work with Italy with responsibility and mutual respect. Italy deserves respect,” the official stressed.“The Commission is ready to work with Italy with responsibility and mutual respect. Italy deserves respect,” the official stressed.
Juncker’s comments came as an apparent response to earlier statements by his fellow Euro bureaucrat, Budget Commissioner Gunther Oettinger. The official warned of possible financial consequences that political turmoil in Italy might bear, and which would come as a valuable “lesson” to Italian voters.Juncker’s comments came as an apparent response to earlier statements by his fellow Euro bureaucrat, Budget Commissioner Gunther Oettinger. The official warned of possible financial consequences that political turmoil in Italy might bear, and which would come as a valuable “lesson” to Italian voters.
“My concerns and expectations are that the coming weeks will show that markets, government bonds and Italy's economy could be so drastically impacted that they would serve as a signal to voters not to vote for populists on the right and left,” Oettinger told DW in an exclusive interview.“My concerns and expectations are that the coming weeks will show that markets, government bonds and Italy's economy could be so drastically impacted that they would serve as a signal to voters not to vote for populists on the right and left,” Oettinger told DW in an exclusive interview.
EU budget chief’s remark on ‘markets teaching Italians to not vote for populists’ sparks outrage
Oettinger was also roasted by his Commission colleague, European Council President Donald Tusk, who urged all the EU institutions to “respect the voters.” He also reminded that the EU bureaucrats were there “to serve the voters” and not to “lecture” them.
Oettinger’s remarks drew an angry response from Italian politicians, including Lega Nord leader Matteo Salvini, who accused the EU official of interfering in the internal affairs of the country and urged him to resign. Salvini deemed the comments “threatening” and said they demonstrated a “German desire for hegemony.”
“Can you imagine such disdain for democracy,” Salvini wrote on Facebook. “He should resign this afternoon.”
European Parliament leader for the 5-Star Movement (M5S) Laura Agea said that Oettinger’s “words are of an unprecedented gravity and are proof of the clear manipulations that Italian democracy has suffered in the last few days.” She urged Juncker to “immediately deny” the official.
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