Learning Paths » 5B Interacting
The article of the guardian deal about the economic crisis in italy it doesn’t depend on its PM also if he semms to be a jocke but the crisis doesn’t depend only for the deficiencies of the Italian state but from the situation of all Europe.
the economy of the euro zone is really fragile because we have a single currency that it’s not supported by political sovereignty , another problem is the central bank that doesn't act as lender and lastly ther isn’t a single balance for all Europe. In this context there is the Germany that advantages of the situation at the expense of the country of the shout Europe; wrong decision of the European parliament that prefers makes a policy of austerity instead of extinguish the low debts of counties as Portugal Greek and Ireland and those things scared the markets and the fear for the situation increase the spread. The economic crisis in Italy is aggravated by our economic system that not promotes employment and with the low about the flexibility of work the things got worse. The article also says that the Italy couldn’t leave the single currency as we do in 1992 because it will not help our economy and if we leave the euro the system of the single currency in Europe will fall down and then the crisis will get worse in all over the world. The Guardian at the end gives two suggestions to solve the crisis the first is to use the Eurobonds not only to save a country but also to finance it and the other suggestion is that the states of the European union must exercise more control over the economy.