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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 and right, claims to be the precursor of a protest wave that will sweep this year’s European Parliament elections. But as usual, it is hard to tell whether Italy is headed for disaster or more of the same.