October, 22 2018
In a strongly worded letter, EU Commissioners Valdis Dombrovskis and Pierre Moscovici have accused Italy of planning an “obvious and significant deviation” from EU rules with its draft budget for 2019. The budget raises “serious concerns” and is “...
October, 1 2018
Italy’s government is not just another populist government, more or less similar to the Greek, the British or even the Hungarian governments. It is different because it is not one plain populist government like the others. In fact, it is made of two...
March, 13 2017
European ministers of finance discussed the future of the EMU on several occasions over the last couple of months. Under the impulse of the German and French leaders, the heads of governments resolved to decide on the future of the EMU in the coming...
- October, 4 2016
- September, 29 2016
- September, 21 2016
September, 19 2016
March, 9 2016
• Merkel's management of the Euro crisis actually hinged on the architecture of non-political institutions, with financial markets acting as an enforcer of fiscal discipline and the German Constitutional Court defining terms that Berlin exploited when...
February, 18 2016
The conflict between Rome and Brussels over the regulation of banks’ bail-in and public budget flexibility is a consequence of Italy’s denial of the European partners’ concerns over the wobbly mountain of Italian public debt.