Italy

  • Oosterveld Joins The Warcast Podcast to Discuss Italy's New Coalition Government


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  • The G7 Summit in the Age of Trump

    As the world awaits the much-anticipated summit between US President Donald J. Trump and North Korean leader Kim Jong-un in Singapore on June 12, the president must first prepare for another important meeting: the G7.

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  • Italy is Too Big to Fail

    While the fundamentals of the Italian economy remain sound, the political uncertainty gripping the country has spooked markets. Tools created during the European debt crisis in 2009—such as the European Stability Mechanism (ESM)—are insufficient to support funding needs of the Italian sovereign and corporate sector for a sustained period of time. Interventions such as the ones deployed a few years ago by the ESM (and its predecessor, the European Financial Stability Facility) in collaboration with the International Monetary Fund (IMF) and the European Central Bank (ECB) for Greece, Ireland, Cyprus, Portugal, and Spain are not a viable option should yields on Italian debt continue to rise.

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  • Italy's President Keeps Populists At Bay

    Italy is, not for the first time, in political crisis. But this time, what happens in Rome could have a big impact on financial markets, the euro, and the longer-term future of the European Union as a whole.

    Sergio Mattarella, the country’s largely ceremonial president, took the unusual step on May 28 of vetoing a candidate for finance minister: Paolo Savona, an economist who considers the euro an instrument of German imperialism. Savona once wrote a plan for how Italy could “secretly” leave the single currency.

    Mattarella feared—not unreasonably—that Savona’s appointment could trigger a market panic.

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  • Oosterveld and Morales Salto-Weis in MarketWatch: Will Italy’s Next Government Try to Pull it Out of the Euro?


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  • Italy May Soon Be Led by an Anti-EU, Pro-Putin Coalition

    Italy’s populist Five Star Movement and the League have finalized a coalition agreement that challenges the consensus of the European Union (EU).

    There are still a couple of hurdles to be cleared: the parties have yet to agree on a candidate for prime minister and supporters of the Five Star Movement are voting in an online poll this weekend to approve or reject the agreement. Given that many Five Star voters come from the left and the League is far to the right, the outcome could be a surprise. But if the party leaders get their way, Europe’s fourth-largest economy will soon be governed by an anti-EU coalition.

    There are two immediate challenges for the rest of the EU.

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  • Braw in Defense One: For Not-Quite-Wars, Italy Has a Useful Alternative to Traditional Troops


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  • Italian Election Puts Europe in Uncharted Waters

    Italy’s March 5 parliamentary election, in which anti-establishment parties won half of the vote, has caused a political earthquake with the potential to reshape Italy, Europe’s future, and even how populism impacts democracy. 

    Traditional political forces on the left and center are foundering. What will take their place remains to be seen both within Italy and in Europe as a whole, which remains split between its “Franco-German liberal democratic core” and illiberal democratic regimes in Hungary, Poland, and now potentially Italy.

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  • #ElectionWatch: Echo Campaigns and Electoral Results in Italy

    Prior to nationwide elections on March 4, @DFRLab published analysis outlining the complex relations between Italian political parties and the Kremlin. In the wake of foreign interference in domestic elections across Europe and the United States, a pressing debate continued over how these relations may have impacted Italy’s nationwide vote.

    However, links between political actors are not the only channel through which foreign influence can potentially spread. The internet offers a new environment of less conventional, but perhaps more effective, channels to disseminate information and, therefore, disinformation. Social media pages, news blogs, and other types of websites have become the easiest and quickest means to promote a message, whether a traditional political program or malicious propaganda.

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  • Oosterveld Quoted in Newsweek on Italian Five Star Movement


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