Is Italy on the verge of financial collapse?

vor 14 Jahren

Podcast

Podcaster

WBEZ's global affairs program. Featuring in-depth conversations about international issues and their local impact. Also, foreign film reviews and human rights commentaries. Hosted by Jerome McDonnell.

Gesellschaft , Welt , Fernsehen , Politiknachrichten , Gesellschaft & Kultur , TV & Film , Nachrichten & Politik

Beschreibung

vor 14 Jahren

This week, Italy’s financial woes have dominated international headlines. The European Union is concerned the country won’t be able to pay off its massive debt. The economic crisis is so acute it looks like the country’s prime minister, Silvio Berlusconi, may be stepping down. That’s a feat, given Berlusconi has survived more than 50 no-confidence votes in the past. Harvard economist Alberto Alesina is author of the book The Future of Europe: Reform or Decline. He tells Worldview he fears Italy, unlike Greece, is too big to bail out.