The State of Italy

Italy has been through a turbulent couple of years. Matteo Renzi is Italy’s fourth prime minister in three years.

I wanted to know more about what people think about the state of Italy, so I asked two journalists who know Italy well: La Repubblica’s Raffaella Menichini and Time Magazine’s Stephan Faris.

I was keen to find out if the country risks being stuck with a rotating series of short-lived governments that will struggle to pass meaningful economic reforms.

I also wanted to know if Renzi’s fast-talking style and promises to end austerity have captured the imagination of the Italian public and also how Renzi is viewed outside of Italy. Most importantly, does Renzi have the backing to push through his ambitious reform agenda?

One other thing we talked about is corporate reforms. With high profile corporate cases like that of Dolce and Gabanna’s conviction on charges of hiding millions of euros from the tax authorities of Italy, combined with recent changes to the board posts of the largest Italian owned companies (which I talked about here) does it feel like things are making progress for Italy on the corporate governance and integrity side of things?

Stephan Faris also did a sit down interview with Matteo Renzi for Time Magazine this week, which is definitely worth reading as well. It gives a picture of what Renzi is thinking and saying himself.

Please share your thoughts on the the state of Italy at the original place this column was published on LinkedIn and via Twitter. I’m @lucymarcus.

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Photo note: I took this photo last year in Rome. There were 350 Lamborghini cars from all over the world gathered for 50th Anniversary Grand Tour.


9 May 2014

The State of Italy

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