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Italy illustrates the way to liberal democracy’s demise Münchau

If liberal democracy fails to deliver economic prosperity for a sufficiently large portion of the population over long periods, it ends — along with the financial and economic institutions it has created.

Wolfgang Münchau FT 20 May 2018

"Everyone in Italy must understand that Italy's future is in Europe and nowhere else, and if this future is to be in Europe, there are rules that must be respected," France's economy minister said.

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