In 2008–13 Italy suffered a double crisis of long-term economic decline and short-term credibility, amplified by the international situation that endangered the stability of the whole Eurozone. Italian public debt and bonds were the pivotal elements of the Italian crisis and the crucial connection between it and the Eurozone crisis. Thanks to the ECB action, the Italian crisis was contained but not resolved.
Italy and the Eurozone Crisis
Roberto Di QuiricoPrimo
2023-01-01
Abstract
In 2008–13 Italy suffered a double crisis of long-term economic decline and short-term credibility, amplified by the international situation that endangered the stability of the whole Eurozone. Italian public debt and bonds were the pivotal elements of the Italian crisis and the crucial connection between it and the Eurozone crisis. Thanks to the ECB action, the Italian crisis was contained but not resolved.File in questo prodotto:
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