Italy is broke, and the markets have lost all faith in its elected politicians
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
We are now in another full-scale European crisis.
The results of Italy’s general election on March 4 were problematic. Roughly one-fifth of Italians voted for the populist Northern League party of Matteo Salvini, and one-third backed the Five Star Movement, a eurosceptic, anti-establishment party founded by standup comedian Beppe Grillo....
