Matteo Renzi ignores Italy’s economic realities

Italy's Prime Minister Matteo Renzi loves the trappings of power (photo: dpa)
Italy's Prime Minister Matteo Renzi loves the trappings of power (photo: dpa)

Italian politics is dominated by the party in power as its rivals fail to make any impression on national politics. But Italian Prime Minister Matteo Renzi has failed to capitalise on his strength and introduce much-needed economic reforms. As he enjoys his power, Italy continues to drift and could be in deep trouble if the days of cheap money end in Europe.

<i>Italian Prime Minister Matteo Renzi deserves credit for stabilising the Italian political situation. Even though his ancient rival Silvio Berlusconi of Forza Italia has been cleared by the courts, his party is in trouble and while the Northern League makes progress, it remains isolated with little impact on national polit...

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