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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. Now, it appears more likely that the financial crisis – if and when it comes – will occur by accident rather than design.
Dr. Alberto Mingardi
There is growing concern in
Europe and the United States that Italy could turn out to be the weakest link
in the chain of resistance to Russian misconduct. Its rising parties of
protest, the Five Star Movement and La Lega, want sanctions against Russia
dropped. But Italy has always fancied itself a bridge between East and West.
When push comes to shove, it has generally toed the line set by NATO and the
Dr. Michael Leigh
Italy is facing the prospect of major political
fragmentation and government inertia. Its political players are already bracing
for the double whammy of changed electoral rules, which will radically alter
the composition of the next parliament, and the steady rise of populist sentiment
in the country.
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.
Professor Enrico Colombatto