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BRING BACK THE LIRA! Italy should reclaim currency, former PM Silvio Berlusconi says
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ITALY must reclaim monetary sovereignty by bringing back the lira to exist alongside the euro, according to the country's ex prime minister Silvio Berlusconi.
The former leader said the single currency could be used for imports and exports, while a separate one - the lira - could be used for payments and to help those left behind.
He told Italian TV programme Notizie Oggi about the idea - after already floating it a number of times on separate occasions.
A second currency could be printed by Italy and placed on the market to assess the exchange rate against the euro, according to Mr Berlusconi.
He has previously said it is a key step needed for economic growth and to overcome its financial crisis.
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