Should European leaders fear Austria-Italy backlash?

There are an awful lot of alarmist headlines about this weekend in Europe – screeching headlines about the far right swooping into Austria’s presidential palace, and painting Italy as poised to crash into financial, banking and political oblivion if Prime Minister Matteo Renzi loses a referendum on constitutional reform.

And both those hypothetical events would be hugely significant if they came to pass: Europe’s first far-right head of state since World War Two in Austria, and uncertainty and instability in the eurozone’s third-largest economy – Italy – spoken of in hushed, nervous whispers in EU corridors as “too big to fail”.

There are fears of a tsunami of nativist populism sweeping through Europe in 2017 – in France, Italy, the Netherlands and beyond.

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Vinod is the Editor in Cheif at the EurAsian Times. Vinod holds a Bachelors Degree in Engineering from prestigious Indian Institute of Technology, but always had tremendous interest in Journalism and Political Science. Besides running a successful business, Vinod spends most of his precious time working with EurAsian Times writing on a variety of topics. EurAsian Times is a Leading International NEWS Portal which lays special emphasis on India and the EurAsian Region. EurAsian Times also provides an opportunity to all its readers to Report News which may include any Reviews, Incidents, Articles, Experiences, Grievances, Consumer Complaints etc. All News Worthy Stories will be Published by Eurasian Times