Italian Risks to the Eurozone
Italy’s forthcoming parliamentary elections must produce a government committed to solving the country’s crippling economic problems via far-reaching reforms.
-Italy’s forthcoming parliamentary elections must produce a government committed to solving the country’s crippling economic problems via far-reaching reforms.
-Judging by Italy’s poor economic performance since 2000, it would seem that adopting the euro as its currency in 1999 was a big mistake. However, leaving the euro at this stage would not seem to be a viable alternative for the country.
-Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt and banking-sector problems in an orderly manner.
-With an appreciable risk that Italy could crash out of the euro, hopefully the elections produce a united government committed to serious economic reform.
Περισσότερα εδώ:
Πηγή: aei.org
