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Oct 22nd, 2019
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  1. It is tempting to lump Europe’s two big southern countries together. Italians and Spaniards talk loudly, eat late, drive fast and slurp down life-prolonging quantities of tomatoes and olive oil (such, at least, are the clichés). They were cradles of European anarchism in the 19th century and fascism in the 20th century; brushing dictatorship under the carpet before embracing Europe in the post-war years. During the euro-zone crisis from 2009 they were two components of the ugly acronym “pigs” (Portugal, Italy, Greece, Spain) denoting particularly indebted economies. Today once more they are being mentioned in the same breath.
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  3. Italian volatility appears to be arriving on the Iberian peninsula. Spain’s once boringly bi-party politics has become a five-party kaleidoscope with the emergence of the hard-left Podemos, the centre-right Ciudadanos and most recently the hard-right Vox. It is increasingly polarised by battles over Catalan independence. Last summer Pedro Sánchez’s centre-left Socialists (psoe), backed by Catalan nationalists, toppled a centre-right People’s Party (pp) government. But the Catalans refused to back the new government’s budget, forcing Mr Sánchez to call an election for April 28th. A right-wing coalition of pp, Ciudadanos and Vox (which would surely inflame Catalan nationalism) or a deadlock and new elections are the most likely outcomes.
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