Bella Italia – that's history now. High debt, youth unemployment, corruption and a decrepit bureaucracy. The government hopes to make the country more efficient and stable through constitutional reform.
As Turkey's inflation hits its highest annual rate in 14 years, a small rate hike could be expected. But economic rationality and Erdogan’s politically coordinated cheap money boom have never been the best of bedfellows.
A 31-year-old politician has been chosen to lead the anti-establishment Five Star Movement ahead of national elections. With M5S clearly ahead of traditional parties in the polls, he may be Italy's next prime minister.
The "No" campaign in Italy won with feelings, not with sense, says Bernd Riegert in Rome. The consequences for Italy could be dire.
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