Minenna, Marcello, (2017), “Italy 2017: Back To Austerity”, Social Europe, 19 January
The political turmoil that followed the Renzi government’s resignation after the results of Italy’s referendum on constitutional reforms, the hurried appointment of the new executive and the endless emergency of Monte dei Paschi overshadowed the letter that the European Commission sent on December 5th to the outgoing administration. In concise terms, the letter confirmed what was already in the air: a significant gap between the deficit numbers in Italy’s budget plan for 2017 and those envisaged under the Fiscal Compact rules.
Relevant Posts
- Gros, Daniel, Pieter de Groen, Willem, (2016), “A radical cure for Italy’s banking problems: A combination of good banks and soft bail-in”, CEPS, 20 December
- Giugliano, Ferdinando, Odendahl, Christian, (2016), “Europe’s Make-or-Break country: what is wrong with Italy’s economy?”, Centre for European Reform, 19 December