Italian Eurosceptic Party Founder Compares Greek Deal to Nazism

The founder of Italy’s eurosceptic and second-largest party, the Five Star Movement (M5S), compared on Thursday the Eurogroup’s latest bailout agreement with Greece to "explicit Nazi-ism."

MOSCOW (Sputnik) – Earlier in the day, the Greek parliament approved a second package of measures to open negotiations with its creditors on a three-year $95-billion bailout in exchange for painful economic reforms.

"The consequence of this political disaster is before everyone’s eyes: explicit Nazi-ism on the part of those that have reduced the periphery of Europe to a protectorate by using the debt," Giuseppe Piero "Beppe" Grillo wrote on his blog.

Grillo called for the Italian government to abandon the "anti-democratic straitjacket" of the Eurozone and defend itself from "the final assault on the wealth of the Italian people."

"It’s not possible to reform the euro from within, but the fight must be fought on the outside," the M5S founder and leader added.

Grillo called for a referendum on Italy's future in the bloc to be held in December 2015. The Italian senate rejected his proposal to hold a referendum on the adoption of a new national currency to replace the euro earlier this month.

The eurosceptic lawmaker claims that the euro "is an explicit battle between the creditors and the debtors."

"Our debt and lack of growth together with deflation, place us neatly in the category of those who are beaten by debt," Grillo stated.

M5S is the primary political opposition party in Italy, holding 91 out of 630 seats in the Italian lower house of parliament, and 36 out of 315 seats in the upper house.