The Italian Job: Can Mario Draghi Master It?
The new Italian prime minister, Mario Draghi, will have very little time to solve the country’s structural problems, which have existed for decades.
The new Italian prime minister, Mario Draghi, will have very little time to solve the country’s structural problems, which have existed for decades.
The coronavirus pandemic opens a window of opportunity to initiate structural changes in eurozone countries.
Despite progress toward a single banking policy framework in the eurozone, much of the German banking system has remained partly sheltered from uniform rules and disciplines.
The banking system is critical to society and requires attention and support. In doing so, however, tough love is preferable to complacency.