Italy's Economy Needs Change

April 3, 2008 - 10:44am

Italy is moving towards another election and subsequent new government. The economic challenges facing the victorious political coalition will be daunting. With declining international competitiveness and a rising euro, a huge and growing budget deficit and a rapidly aging population, the Italian economy faces overwhelming obstacles to growth. To complicate the recovery, there is no consensus on reform proposals, which range from privatizing state-owned assets to deregulating labor markets and downsizing government payrolls.

Snapshot asks, what are Italy's best options for economic reform?

Reuters - The Italian Deficit
Wall Street Journal - The Italian Fix
Guardian - Italian Manufacturing
Adnkronos - Italy as Seen by a Chinese Correspondent
BNP Paribas - Italian Business Confidence Continues to Deteriorate

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