The comparison with the other countries of the European Union affected by the pandemic is illuminating. The Italian crisis twenty years after the birth of the Euro
Third-quarter growth would have looked considerably better if our supply chains had been operating normally. This fact should mean that future quarters will look considerably better.
Twenty years ago, the euro was seen as the lever in a new economic and political power in competition with the US. Today the eurozone is on the periphery of a new global reality, while the center of economic development is seen to be moving to the shores of the Pacific.
