Italy

Could Europe’s next growth locomotive be Made in Italy?

Important reforms put in place over the past months, combined with a conjunction of particularly supportive external factors, mean that Italy could in

Renzi's risky budget strategy

Last week the Renzi government approved the 2016 budget law proposal. Although the detailed text is not available yet, the broad picture is clear.

Now you see it, now you don’t

The first Italian case of bail-in.

Corruptionomics in Italy

Tackling corruption is not only a matter of fairness, but it is also crucial to boost Italy’s potential output after three years of recession and almo

“Dura Lex, sed Lex”(?)

On the 30th of April, the Italian Constitutional Court issued a decision on the pension reform introduced by the Monti government in 2011. The decisio

Speech by Pier Carlo Padoan, Ministry of Economy and Finance, Italy

Speech from Bruegel 10th Anniversary Event, “Europe and Emerging Markets”, held in Rome on 5 May 2015.

Deferred tax credits may soon become deferred troubles for some European banks

Are Italy’s stars of reform aligning?

Two interesting institutional documents were released over the past 10 days: the Going for Growth 2015 of the OECD and the Winter Economic Forecast of

The Italian malaise

Most countries experienced an increase in the number of enterprise bankruptcies as the financial crisis hit its darkest moment in early 2009. From the

France and Italy: The ABCs of the European fiscal framework

On the 28th of November the European Commission released its opinions on the euro area Member States’ Draft Budgetary Plans for 2015. The purpose of t

Eurozone South is still not a place for young workers

Eurostat released today the latest seasonally adjusted quarterly data for unemployment. Youth unemployment has been decreasing (slowly) in Greece, Ire

A crazy idea about Italy

Italy needs growth in nominal GDP to stop its debt burden from rising any further. It also needs to reform its economy, raise its productivity an

Austerity Tales: the Netherlands and Italy

Austerity might be driving the eurozone into a debt-deflation cycle, as higher debt and deflation feed off each other. Earlier this year, the ECB view

Why does Italy not grow?

At this point in 2014 (in September), the prospects for Italian growth and inflation have weakened considerably—they may well be close to zero for the

“It’s true, Italy breaks your heart.”

The brash, 39-year old, Matteo Renzi is Italy’s third unelected Prime Minister since November 2011. Mario Monti lasted 18 months, and his successor, E

Keynote address from Enrico Letta, Prime Minister of Italy for the Bruegel Annual Dinner 2013

"I do not intend to deliver a standard speech on where the euro area stands and what is the “to do list” for the next months. Rather, if you will