Normalizing Italy

by Paola Subacchi Paulo Subacchi is Research Director for International Economics, Chatham House, London. 21.09.2012

Introduction

Monti’s technocratic government has shown that Italy can behave like a normal country. Italy’s European partners must encourage, rather than block, the country’s efforts to break with its past. To the extent that resolving the eurozone crisis requires a credible commitment to fiscal sustainability, Europe needs Italy to be an institutionally sound and trustworthy partner.

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