The Italians have come up with a number of ideas concerning their country's economic future. Among other things, they're asking for debt forgiveness. ING Diba Chief Economist Carsten Brzeski tells DW what he thinks about it.
With a euroskeptic government coalition likely to take over the reins in Italy, fears are mounting that the problems in the eurozone's third-largest economy will only get worse. Financial markets are already jittery.
Markets have not shown any signs of panic after Italian Prime Minister Matteo Renzi said he would resign following a solid defeat on constitutional reform. Even the euro tanked only temporarily.
It's been dismissed as a protest vote. But with Italian voters likely to reject a reform package in a plebiscite, fears are growing that it could signal the beginning of the end of the euro.
The idea that the European Central Bank would become so big and powerful was something that its founders did not expect 20 years ago. In fact it has become more powerful the more the monetary union has been threatened.
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