EC President Calls Out Italy’s Government For Slacking On Economy

During a joint press conference with Italian Prime Minister Giuseppe Conte, European Commission (EC) President Jean- Claude Juncker called out Italy’s League 5 Star government for not doing more to save the Italy’s failing economy. Rising Debt In Italy In particular, Juncker called the government’s attention to Italy’s rising level of public debt. To address […]

Italy Economy In Decline

Italy’s new administration headed by Matteo Salvini and Luigi Di Maio has plans of removing pension reforms in favour of a “citizens’ income”. Salvini and Di Maio represent the anti-immigration parties, Northern League and the Five-Star Movement. According to Lorenzo Codogno who is the former economist of the Italian Treasury, the monetary policies that the […]