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.
Two populist groups have emerged as the main forces in Italian politics following the March elections. The Five Star Movement has developed out of a protest group and the League has stepped up to head the center-right.
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.
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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