Article from "the Guardian":

The Italian crisis
is understood in the European context. It came because European leaders were
seen, by "markets" and rating agencies, like a stupid because they were
ineffective with their labour.

Italy's
economy does have serious failings even if they are structural. In fact, the resulted
in the continuous decrease in both growth rate and the productivity. In this
context, industrial disappeared, technology was imported and the public enterprises
were privatized.

Fatal blow à came with
the policies of flexibility of labour.

Consequence:
collapse of labour productivity

1992 à Italy left
the European monetary system à
the structural problems deepened, workers' conditions deteriorated.

If Italy
leaves the Euro would mean the end of monetary union.

How to exit
from the crisis? à
only by dealing with the European crisis to stop the domino effect.

Italian
crisis:

1.  Financial
crisis

2.  Capitalist
crisis (it is an attack on labour)

Europe misses
internationalism.