An Introduction to the Law of Economic and Monetary Union
Show Less

An Introduction to the Law of Economic and Monetary Union

Alberto Saravalle

This incisive book is an accessible guide to the laws and policies relating to economic and monetary union (EMU). Providing a rich, multidisciplinary analysis, it combines historical, legal and economic perspectives to offer a detailed understanding of how EMU has developed since its inception and how it works in practice today. This book will be a valuable reference for those teaching and studying advanced courses on EU law, as well as courses that cover the economic history of EU integration.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 7: The Italian predicament

Alberto Saravalle

Abstract

Chapter 7 shifts the focus to Italy, often referred to as “the sick man in Europe” because of its huge debt (and because it has repeatedly faced or been threatened with an excessive deficit procedure). Indeed, Italy was the first country to be threatened also with a debt-based excessive deficit procedure. The Italian predicament has been scarcely examined in previous literature because the country has never gone so far as to request financial assistance; however, as this chapter reveals, it raises important issues that are certain to be of interest to a broader readership.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.