|A Slew Of Problems Continue to Haunt The Euro-zone|
|The Prospect Of Italy Outgrowing Its Problems Are Slim|
Many of these taxpayers in the north have come to resent subsiding the relatively poor southern regions of Italy. Veneto's capital is Venice, said there it is thought the result will give a popular mandate and empower the far-right party Northern League in advance of elections next year. This group argues that taxes the north sends to Rome are wasted by inefficient national bureaucracy. Even though secessionist sentiment in the two wealthy regions is restricted to what has been dubbed "fringe groups" with little following, the vote in favor of greater autonomy reflects pressures similar to those that resulted in Scotland's narrowly-defeated independence vote, Britain's decision to leave the EU and the current Catalan crisis. This opens Pandora's box and paves the way for even more areas to ponder if they should go off on their own.
Footnote; For a more recent update on the situation on Italy see the article below.