5/2/2023 0 Comments Pc 98 fdi romset![]() ![]() Italys populists raised hopes among Italians that they would end the era of austerity and push the economy into solid growth, creating millions of jobs along the way. Less than a year after Matteo Salvinis League party and Luigi Di Maios Five Star Movement (M5S) formed a coalition government, the economic pain has returned and all of the EU is feeling it. ![]() Today, Italy has a Euroskeptic populist government the first in Western Europe that is big on sovereignty and erecting barriers to migration and not so big on the economy.įorget Brexit the EU can survive Britains exodus from the EU.īut there is no way the EU could survive Italys financial collapse.Italy has proven that populists can get elected, but not, so far, that they can manage one of the worlds biggest economies. The next government came up short too, in spite of promises to move fast and break things in its campaign to drag Italy kicking and screaming into the modern competitive age. ![]()
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