How the financial markets see Italy
Current economic data offer a conflicting pitcure of the Italian country system. Some of the numbers are encouraging: the balance of payments is positive, inflation is low and portfolio investments in Italian assets have once again begun to rise, in some cases surpassing pre-2008 financial downturn levels. At the same time, unemployment levels, low growth and a public debt at near historic heights are evidence of how some key problems are far from having been resolved.

