Financial Times FT.com

Italian minister moots return of the lira

By Tony Barber in Rome

Published: June 3 2005 11:49 | Last updated: June 3 2005 11:49

Italy's membership of the 12-nation eurozone was put in question on Friday by a government minister who said the country should hold a referendum to bring back the lira.

The remarks of Roberto Maroni, Italy's welfare minister, do not represent government policy, but they underline the risks facing the European Union after France and the Netherlands voted this week to reject the EU's proposed constitutional treaty.

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