EU 'will dig own grave' if it tries to 'teach Italy a lesson', warns Soros

European Commission President Jean-Claude Juncker. Photo: AP

James Crisp

George Soros, the billionaire anti-Brexit campaigner, has warned the European Union could collapse if Brussels fails to appease Italy's new Eurosceptic government and reform the eurozone.

"There is a strong inclination in Europe to use the occasion to teach Italy a lesson," said Mr Soros.