“Yet in that quarter of a century, some Italian governments made reform efforts that were more intensive than those of many other European Union countries. Except for during the past decade, a lack of investment was not the problem. Rather, the reason why these efforts achieved little boils down to the weakness of the rule of law and of political accountability in Italy. This sets the country apart from its eurozone peers and is Draghi’s biggest challenge.” So writes Andrea Lorenzo Capussela in the Financial Times and quotes the recent blogpost by Chief Economist Alessandro Leipold on the Forum on Why Italy is Crucial to the Recovery and Resilience Facility’s Success – and What the New Government Needs To Do.

Read Why Italy is Crucial to the Recovery and Resilience Facility’s Success – and What the New Government Needs To Do.