March 15, 2006

Governments and parties

Italian Elections 2006 III

by Edward Hugh

Well Romano Prodi and Silvio Berlusconi finally got to meet up in front of the TV cameras last night, even if they didn’t exactly enter into face to face combat. The poll consensus seems to be that Prodi won it on points.
The debate seems to have centred around economic themes, and Euractiv has [...]

March 9, 2006

Governments and parties

Italian Elections 2006 Part II

by Edward Hugh

Well the election campaign in Italy trundles on, and issues are starting to emerge. One of the more curious details to have come out in recent days refers to the size and shape of the voting card. It is to be some 65 centimetres long with canditates arranged horizontally rather than vertically across the strip [...]

March 6, 2006

Political issues

Italian Elections 2006

by Edward Hugh

Ok, the Italian elections are now just about one month away, although you wouldn’t guess this from reading the British press where the David Mills/Silvio Berlusconi case is what seems to be making all the running. Now as I indicated in this post, I will try and give some systematic coverage to the election issues [...]

February 24, 2006

The European Union

Oh We Are The Champions

by Edward Hugh

Yes we are really, aren’t we. Especially if we are called Arcelor, or Danone, or Endesa, or Eni, or Enel, or Banca Antonveneta or Pekao. And what these champions have in common, and it is this which sets them so much apart from their footballing equivalents, is not the ability to win anything, but [...]

February 20, 2006

Economics and demography

Les Jeux Sont Faits

by Edward Hugh

Yes gentle readers, les jeux sont faits. Italy has entered the election season, and this time the game is for real. The outcome of this election, and the decisions which are subsequently taken will be important not just for Italy, but for the whole EU, and the stakes are not small ones: the whole [...]

February 19, 2006

Currencies

Viva Ricardo!

by Alex Harrowell

Guy of these pages recently spoke to a “source” who has an interesting counter-take on the Italian economy and the Italian government’s debt problem to that frequently discussed here. Apparently, the feller says, there’s no chance of “an Argentinian-style blowout” because of the low levels of private debt.
The source is essentially arguing that Ricardian equivalence [...]

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December 1, 2005

Governments and parties

The End of the Dolce Vita?

by Edward Hugh

Are the good times and the good life still going to continue to roll in the Italy of the twenty first century? This is the core question the Economist’s Europe editor John Peet asks in the latest Economist Survey: Italy, Addio, Dolce Vita. As Peet says:
Italy is approaching a crunch. Rather like Venice in [...]

November 16, 2005

Economics and demography

Between A Rock And A Hard Place

by Edward Hugh

US Economist Arnold Harberger once asked what Thailand, the Dominican Republic, Zimbabwe, Greece, and Bolivia had in common that merited their being placed in the same growth regression analysis. I can’t help having the same feeling about Germany, France, Italy and Spain. As I indicated in a post on A Few Euros More yesterday, [...]

November 10, 2005

Currencies

Promises, Promises, But More Than A Technical Detail

by Edward Hugh

Well the eurozone government deficit problem has hit the agenda with a thud again in the last few days. Yesterday the FT ran a story about how the ECB has decided that it will not accept government paper (bonds) in the future from any country which has not maintained at least an A- rating [...]

September 22, 2005

Governments and parties

The Italian Government Has A New Crisis

by Edward Hugh

Germany isn’t the only EU country where serious ongoing economic problems are leading to political gridlock. Italy’s situation is no better, and arguably worse. This ‘worse’ aspect was pushed into the headlines yesterday by the resignation of Economy Minister Domenico Siniscalco. This is sending shock waves throughout the entire Italian political system. It still isn’t [...]

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