Fratzscher, Marcel; Stracca, Livio - European Central Bank - 2009
’s prosperity. The paper focuses on political events inItaly over the past 35 years and asks whether the adoption of the euro in …’s financial marketsthroughout the 1970s, 1980s and 1990s. The introduction of the euro appears to haveindeed played a major role …, according to Afonso, Schuknecht and Tanzi (2003), Italy
scores well below the EU and euro area average on public sector …