September 26, 2019
Italy: new government, same old problems - Lorenzo Codogno - Friends of Europe
What a difference a summer can make! Against all the odds, Matteo Salvini, leader of the Far Right La Lega (The League) party, decided to pull the plug on Italy’s ruling coalition composed of his party and the populist Five Star Movement (M5S). He did...
September 25, 2019
What Italy must do to remain in the big league – Salvatore Rossi – Corriere della Sera
Although Italy is an important international player, it still lacks growth and a long-term economic vision. What the political establishment needs to do is overcome its ideological preconceptions and change the rules of the game, which would result in the...
September 24, 2019
Fiscal rules and fiscal capacity - Lorenzo Codogno
Should fiscal policy have a role in supporting aggregate demand? Should fiscal rules be changed? Should the fiscal framework allow for a Eurozone stance? Click on the PDF file below to see the slides from the presentation that Professor Codogno gave...
September 19, 2019
Italy-Europe, the opportunity and the false hopes – Riccardo Perissich – InPiù
The article comments on the dynamics conditioning the creation of the upcoming Italian Budget Law, which will have to take into consideration the fact that many in Brussels think the EU has been too soft on Italy. Click here to read the article in Italian.
September 18, 2019
European fiscal rules: a proposal for a reform – Massimo Bordignon – Lavoce
The European Fiscal Board is proposing a radical revision of the EU fiscal rules. It is not a green light for the indiscriminate growth of public expenditure. However, it is an effort to rationalize and improve the quality of fiscal policy in Europe....
September 17, 2019
Investment and reforms are more important than flexibility – Marcello Messori – FirstOnline
Professor Messori outlines the steps that the new government coalition should take in order to strengthen the effective growth of the Italian economy and in particular, the measures that must be provided for in the 2020 Budget Law. Click here to read the...
September 13, 2019
EU’s banking misfortunes share a common thread - Ignazio Angeloni - Financial Times
What do a giant German lender with global ambitions and a small Mediterranean retailer overloaded with costs and rotten loans have in common? Nothing, except for one thing: they are both problems that European Central Bank supervisors seem unable to solve...