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Case Details |
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Case Code: ECON071
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| Case Length: 14 Pages |
| Period: 2018-2019 |
| Pub Date: 2019 |
| Teaching Note:Available |
| Price:Rs.500 |
| Organization : Italy’s Economy
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| Industry :- |
| Countries : - |
| Themes: Economy
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Italy`s Economic Crisis: A Tough Road Ahead |
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INTRODUCTION |
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| On January 11, 2019, Italy’s Interior Minister, Matteo Salvini (Salvini), said the country was “absolutely” prepared to face an economic crisis if it happened. Italy’s economic progress had lagged behind many other countries in the eurozone for years. High public debt and long-term economic underperformance had made Italy’s economy the Achilles heel of the eurozone. The popular discontent against the European Union’s (EU) austerity policies that had done little to boost Italy’s fortunes only further compounded the issue...
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