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Hope springs eternal among policy makers in Europe’s beleaguered periphery. At five minutes to midnight in Athens, and with a bank run having started in Madrid, these policy makers cling to the forlorn hope that somehow Germany is going to relent on its strong opposition to euro bonds.
Articles 41, 42 and 43 of the Italian Constitution are affected by an economic culture skeptical of the free market system.
Judging by the financial market's renewed unease about Italy and Spain over the past week it would seem that all that the European Central Bank's €1 trillion liquidity injection in the European banking system bought was around four months of relative market calm.
If past is prologue to the future, there is little reason to believe that Merkel will allow the ECB to provide unlimited support to the periphery.
Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...
On these quite intensive days for Government and the Parliament we deem it relevant and appropriate to reflect upon the issue of competition. This word has been frequently abused and idolized as the goal of any market process instead of being considered an instrument, a process regulated for the benefit...
There a few notes should be made in the margins of the article by Italian historian Guido Formigoni, published in "TamTam democratic" and entitled "De Gasperi, Dossetti and the false dilemma statism-subsidiarity." It seems worth noting that the interesting debate animated by Formigoni is found in the notions of "social...
Watch Italy; it's our laboratory in dealing with radical Muslims.





