Posts Tagged ‘Europe’

Italy’s Debt: A Hangover From Joining Euro

November 17 | Posted by mrossol | Debt, Economics Tags:

By MATTHEW DALTON European authorities are treating Italy’s debt problems as the product of a dysfunctional political culture. The chorus from Brussels and Frankfurt is that dispassionate technocrats, armed with help and advice from the euro zone, are needed to introduce essential reforms into a hidebound economic system. But a closer look at the numbers reveals Italy’s heavy debt burden isn’t a... Read more

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