[goatinaboat]

What do you suggest? German domination of the Euro has exactly the same effect on Southern Europe, the so-called PIGS.

[pjc50]

I could make the argument that London domination of the pound has had the same effect on peripheral counties of the UK. The forces are the same - money flows in to the capital, but the peripheral areas need to keep buying globally produced goods, so money flows out.

[achamayou]

We’re talking about what would be good for the UK. Countries that never had strong exports definitely wouldn’t benefit.

[danmaz74]

Italy had very strong industrial export. It's still not bad.

[goatinaboat]

Yes Italy is very strong in the machine-tool industry and the luxury-goods industry. They do plenty of exports.