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’s new administration headed by Matteo Salvini and Luigi Di Maio has plans of removing pension reforms in favour of a “citizens’ income”.
Nobel Prize-winning economist Joseph Stiglitz believes that the best way for Italy to regain control of its monetary policy would be to issue a parallel currency.