Sunday 4 December, Italians will vote on a constitutional reform that should support policymaking in Italy. Yet the reform is not without downsides. The suggestion that a 'No'-vote would put Italy on a path towards leaving the Eurozone is wrong.
Italian banking shares dropped 30% in the first months of 2016. Policy makers have recently taken measures to revive the banking sector, but also to improve governability of the country. Measures will be partly effective in reviving the economy.
Special Dutch version
In recent years, the currency union has been strengthened, but several important steps still need to be taken. We put forward some recommendations in the field of economic and fiscal policy, the banking union and the capital markets union.
Spanje en Italië hebben sinds de crisis veel hervormd. Deze hervormingen hebben mogelijk geleid tot een hoger arbeidsaanbod maar hebben de dalende trend in hun productiviteit nog niet gekeerd.