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Europe's Italy problem: and, as a result, are monetary union and the euro in serious trouble?
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In April 2000, Foreign Affairs published an article by the then-recently deceased Federico Mancini, Italian judge on the so-called European Court of Justice. Mancini applauded the 1990 decision of Mitterrand and Kohl to ordain "the immolation of the deutsche mark on the altar of a common European currency." Mancini gloated that while the Germans thought the Maastricht bar for entering the euro--in particular the budgetary criteria--had been set high enough to exclude Italy, "The effort made by Italy was not just extraordinary; it was superhuman ... The Italians won their bet and ...
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Monetary union could be a reckless gamble, warns Eddie George
Newspaper article from: The Independent - London
; ...watchdog boosted Italy's chances of joining monetary union yesterday when...countries like Italy would not be...Economic and Monetary Union. The Maastricht...determining whether Italy qualifies for...first wave of monetary union. But it is...
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Bottomline. (European economic and monetary union)
Magazine article from: The Banker
; ...to economic and monetary union. Recent weeks...criteria. With Italy, Spain and Portugal...states to forge a monetary union in January 1999...and will the monetary union envisaged by Germany...measures, such as Italy's $6.9 billion...countries, such as Italy, ...
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The power of eleven.(European economic and monetary union (EMU) )
Magazine article from: The Economist (US)
; ...that economic and monetary union (EMU) was conceived...transformation that made monetary union attractive. Economic...Germany to pursue monetary union has meant that other...West Germany and Italy. They have been consistent...emerging shape of monetary union, but ...
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Burning while Rome fiddles: Italy and Europe.(Italy tries to meet requirements to join European Monetary Union)(Brief Article)
Magazine article from: The Economist (US)
; ...s Maastricht rules for monetary union. The mini-budget comes...Confindustria, speaking for Italy's businessmen, threatened...Sera explaining that, if Italy is to join Europe's monetary union, the slimming down of its...flagellation will not enable Italy to meet the Maastricht ...
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Guess who's coming to EMU?(countries wishing to join the European Monetary Union)
Magazine article from: The Economist (US)
; ...it looked as if economic and monetary union would be one of Europe's cosier...small to matter. Not any more. Italy and Spain, big countries whose...blurted out his doubts about Italy's fitness for EMU. Only after Italy's prime minister, Romano Prodi...
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Roman road to EMU. (Italy and monetary union) (Finance)
Magazine article from: The Economist (US)
; ...give Europe's economic and monetary union (Emu) a kick start. When...as july, to discuss emu, Italy, which will then hold the...interest rates for Bank of Italy officials justify their...But some senior Bank of Italy officials, such as Mr Tommaso...controls, is likely to worsen ...
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Italy, Unions Reach Deal On Pensions; Pact May Ease Entry Into Monetary Union
Newspaper article from: The Washington Post
; ...deal that he said will clinch Italy's membership in Europe's single...economists consider vital to Italy's hopes of joining the European monetary union. The reforms "certainly will...Sergio Cofferati, leader of Italy's biggest union, CGIL. Unions...
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France and Italy: pain there too. (Europe's second and third largest economies continue to cut government spending and reduce budget deficits in order to meet Maastricht criteria for European Monetary Union)(Brief Article)
Magazine article from: The Economist (US)
; ...charge towards economic and monetary union (EMU). On June 17th Italy's new prime minister, Romano...this year. By 1998, he hopes, Italy's budget deficit will fall by...undeterred-- so far. France and Italy have started to reform social...
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Lira lines up for the start. (Italy's efforts to be included in the European Monetary Union)
Magazine article from: The Banker
; Italy is determined to be among...participate in economic and monetary union (EMU). One of the knottiest...decisions is likely to concern Italy, a founder member of the...France, the Benelux trio and Italy itself launched in the Italian...Ciampi, the former Bank of Italy governor and ...
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European Monetary Union: Will It Really Contribute to Stability?
Magazine article from: Business Economics
; ...will grow over time. We must also credit monetary union with some reduction in the risks arising...the first two categories. The arrival of monetary union has created some in the last category as...out of the hands of national authorities, monetary union has almost certainly ...
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