noun
A made-up word that combines 'quit' and 'Italy' to refer to the hypothetical event of Italy leaving the European Union
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Quitaly is a term used to describe the potential exit of Italy from the European Union.
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Have you heard about Quitaly? It's all over the news.
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I don't think Quitaly will actually happen, it's just a lot of talk.
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The idea of Quitaly looms over the future of the EU like a dark cloud.