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“The electoral programs of both coalitions are the result of the new proportional law. Both sides have diluted content to a very high degree to avoid friction within the coalition. After the election whoever wins will have to be more decisive.”
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“There's a lot of work to be done to take Italy out of the doldrums.”
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“We should not underestimate the chances of a split parliament that would ultimately result in political paralysis.”
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“In particular, it will have to succeed in combining growth-enhancing measures with a debt consolidation process.”
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“Relatively cheap labor cost has long offered the country a competitive edge. Globalization has now sentenced the end of that growth model.”
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