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Tag Archives: Italy

After the pandemic: Still Draghi vs Schäuble?

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Will Berlin finally acknowledge that economics is a social science and not theology? How to escape the pandemic? For some – the Italians Mario Draghi and Paolo Gentiloni or the French Emmanuel Macron and Thierry Breton – the pandemic has called into question the previous economic policy equilibria and so they are asking for the […]

Will the Italian economy recover?

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The Next Generation EU superfoods are on their way. Can they save a starving Italian patient? Italy entered the Covid-19 crisis enfeebled by years of anaemic growth, stagnant public and private investment, high unemployment, a heavy debt load and tendentially feverish interest rates. Hopes for its recovery were pinned on the Eurozone’s standard recipe of […]

What can Italy’s economic ailments tell us about the euro area’s current slowdown?

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Even before the Covid-19 pandemic, the euro area slowdown was the result of EMU-induced domestic deflation. EU3D researcher Simona Piattoni offers a different reading of Italy’s disappointing economic performance.  Since 2011, Italy has been considered the single largest threat to the stability of the euro. Italy’s high and growing debt (€2300 bn, some 135% of […]

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