Why are you taking your business out of Italy?
The Football Italian is reporting that the Italian Premier League has decided to end its participation in the Euro 2016 qualifying round for Italy because of the country’s economy and banking system.
The report says that there are fears that the country could fall outside the European Union’s jurisdiction and face penalties under the Rome Statute.
The Football Italians reports that the decision was announced by Italy’s Prime Minister Mario Monti at a meeting with Prime Minister Angelino Alfano on Saturday.
“The decision is based on the current economic situation, given that the economic situation in the country is at a critical point, and the risk of the financial system being adversely affected, the Financial Agency said in a statement on Sunday.
Italy is a country with the highest number of banking problems and a serious lack of infrastructure. “
Italy’s banks are not yet well-resourced, so we cannot guarantee the stability of the economy in the near future,” it said.
“Italy is a country with the highest number of banking problems and a serious lack of infrastructure.
These problems are compounded by the fact that it is not possible to invest in the banking sector in a way that is sustainable for the economy.”
Italy has already been in the qualifying rounds since 2010 when it qualified for the last 16 by defeating Germany 1-0 in the quarter-finals.
The country also qualified for Euro 2012 last year, winning by two goals over England and Iceland.