Publication
7 Feb 2007
It has become fashionable to identify Italy as the "sick man of Europe" and to indulge in catastrophic scenarios (the country defaults on its debt, leaves the Eurozone; etc.). This tendency has arisen because most observers do not look beyond the headlines which suggest that the country has three main weak points: Public finance, loss of competitiveness, unwillingness to reform.
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English (PDF, 4 pages, 50 KB) |
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Author | Daniel Gros |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2007 Centre for European Policy Studies (CEPS) |