We try to make sense of the big story in European politics this week: not Brexit (not yet!) but the high stakes standoff between the Italian government and the EU. Why has the proposed Italian budget produced this showdown? Who is really pulling the strings? And what does it tell us about the current prospects for populism in Europe? Plus we assess the ups and downs of the Macron project and ask what its fate means for the future of France and of the wider European project. With Helen Thompson, Chris Bickerton and Lucia Rubinelli.