Italian Prime Minister Matteo Renzi is losing popularity as he fails to understand how to tackle Italy’s growing economic problems. His promises of a new reform every month have been forgotten as he decides whether to cut a deal with other politicians or bet on winning a general election. Italy faces default or swingeing tax rises.

<i>Italy’s economy is in deep trouble, but Prime Minister Matteo Renzi lacks the drive to stop recession, reduce unemployment and cut regulation and public spending. He prefers to spend time studying how to improve his political standing, including trying to pass a new electoral law which would give him absolute majorities in both houses of the Ital...

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Professor Enrico Colombatto
No wonder Italy’s problems are getting worse. The next step, according to Italian media, will be a partial default on the national debt and/or a five per cent tax on financial wealth - or both
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