Italy’s deputy prime minister Matteo Salvini seems set on shaking Europe’s financial establishment to the core. One day after the Italian deputy prime minister and leader of the League party, called for the elimination of Italy’s central bank and the country’s financial regulator, Consob, saying the two institutions should be “reduced to zero, more than changing one or... 

The EU commissioner is still employing bullying over Italy’s budget, insisting that Italy has “no future” outside of the Eurozone. The European Commission disagrees with Italy’s spending plans for the coming years and has asked Rome to submit a new draft budget by 13 November. So far, government ministers have refused, saying they will not change their economic plans. The EU’s Economics...