Italy
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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 alliance. Realistically, however, such a deal may be in Italy’s vital interest, given its deteriorating economy and financial conditions. Before long, Europe, too, may find itself groping for new powerful partners.
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 ...
The Italian challenge
Italy’s public finance troubles are making waves again, but the new government’s budget proposal does not spell disaster, nor should debt servicing create a big problem, considering today’s low interest rates. But Italy’s leaders have decided to transform their conflict with the European Union into a casus belli. Will the ...
Will Italy make it?
Italy’s public finance situation is worrying global markets, just as the newly-elected populist coalition is plotting its economic course. The coalition made dramatic promises to voters that could blow past deficit targets and push Italy toward default, bailout or an exit from the euro. But despite their recklessness, the Five ...
Opinion: Italy at risk
Italy’s new left-right government is a political experiment that could turn out in one of two ways: either a disguised version of business as usual, or a complete disaster. Many observers assumed that Lega leader Matteo Salvini would manufacture the disaster on purpose to take Italy out of the euro. ...
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