JPMorgan's Stunning Conclusion: Italian Exit May Be Rome's Best Option

After all, as JPMorgan reminds us, it was only a year ago, in January 2017,  that in a letter to European Parliament MPs, ECB President Draghi made the stunning admission that a country can leave the Eurozone but only if it settles its bill first,  or as Draghi said "if a country were to leave the Eurosystem, its national central bank’s claims on  or liabilities to the ECB would need to be settled in full."

 

 

https://www.zerohedge.com/news/2018-06-02/jpmorgans-stunning-conclusion-italian-exit-may-be-romes-best-option

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