Italy
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Italy’s risky relationship with China and Europe’s future
When in March 2019 Italy became the largest EU country to sign a memorandum of understanding with China on its Belt and Road Initiative, it put Italy-China relations in the spotlight. Like other European governments, the leadership in Rome is struggling to balance economic interests with its security interests and values. So far, Italy has gained little from the partnership, and risks getting caught in the crossfire of U.S.-China tensions.
EU elections shake the stability of Italy’s coalition
The European Parliament elections in May upended the balance of support for the parties in Italy's coalition government, with Lega far outpacing the Five Star Movement. Moreover, the country's budget imbalances increasingly require solutions that will be politically unpopular. Rank-and-file members of both parties could benefit from new elections, but ...
The Italians learn Chinese: should others in the EU follow their lead?
During Chinese President Xi Jinping’s March visit to Rome, Italy and China signed a set of agreements that brings the former very close to Beijing’s Belt and Road Initiative community. France, Germany and the United States expressed dismay, and their reaction will probably further marginalize Italy’s role within the Western ...
Italian gold and populist publicity
Italy’s Deputy Prime Minister Matteo Salvini has revived a five-year-old proposal to use his country’s gold reserves to bring down the budget deficit. The idea is problematic for several reasons – but that is not the point. Mr. Salvini is likely using this controversial plan to make headlines and burnish ...
GIS Dossier: The Italian case
Politically and financially, Italy has come to be regarded as a weak link in the European Union. Its shaky banks and enormous public debt almost blew apart the euro area during the debt crisis of 2010-2012, and could still do so. Its government, a marriage of populists on the left ...
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