Italy: Inching Out of the Global Crisis

Despite being one of the large members of the EU, when it comes to the world scenario Italy remains just one in a group of several small advanced, open, slow-growing economies, with little room to manoeuvre by themselves, and no clear idea in which direction to play their limited options. This is even truer now, in the grand scenario of 2010, as the world’s worst economic crisis of the last seventy years has been halted, and economies are slowly recovering, but with no clear sign of direction and many unresolved issues that only temporarily have been brushed aside.