Options économiques , Paris – On 5 June the European Fee cleared the way in which for an extreme deficit process towards Italy. This might result in a effective of a number of billion euro being imposed on Italy. Above all, this new showdown dangers restarting the final eurozone disaster simply as Europe’s financial system is slowing sharply. A slowdown which is partly brought on by the vulnerability of Germany, Europe’s flagship financial system, to the China-USA commerce battle and its dampening impact on the world financial system. See more.