Special Series: European Economies At Risk - Italy

"After a turbulent 2011, Italy regained some financial stability when the technocratic government of Prime Minister Mario Monti came to power. Monti's government introduced a rapid series of economic reforms that, along with the purchase of government bonds by the European Central Bank (ECB), temporarily took Italy away from the center of the European crisis. The government also benefits from a political environment in which the main parties want to preserve the status quo. However, Italy has economic, social and political issues that are far from resolved. Slow economic growth, a large public debt, high levels of tax evasion and persistent illegal activities undermine Italy's chances to exit the current crisis..."

at http://www.stratfor.com/analysis/special-series-european-economies-risk-italy