A Crisis Made in Italy

<p>The recent crisis surrounding the Italian President’s refusal to appoint a Finance Minister considered likely to pursue an agenda of ‘Italexit’ has sparked a great deal of constitutional commentary. Two particular threads of opinion are identified here and some doubts cast about them. On th...

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Main Author: Michael Wilkinson
Format: Article
Language:deu
Published: Max Steinbeis Verfassungsblog GmbH
Series:Verfassungsblog
Subjects:
Online Access:https://verfassungsblog.de/a-crisis-made-in-italy/
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author Michael Wilkinson
author_facet Michael Wilkinson
author_sort Michael Wilkinson
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description <p>The recent crisis surrounding the Italian President’s refusal to appoint a Finance Minister considered likely to pursue an agenda of ‘Italexit’ has sparked a great deal of constitutional commentary. Two particular threads of opinion are identified here and some doubts cast about them. On the one hand, there are those who consider legitimate the President’s discretionary use of power, partly in light of the pressure that would be brought to bear by the financial markets should Italy opt for exiting the single currency. On the other hand, there are those who doubt its wisdom, and offer a broader indictment of the pressure brought to bear on the Italian government as a result of being in an overly rigid Eurozone. This gets closer to diagnosing the condition, but in its ambiguity about the pressure point, fails to underscore that this is essentially a crisis made in Italy, and, if at all, to be resolved there, including a full and frank debate about membership of the single currency and even the European Union.</p>
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spelling doaj.art-e9cdc8d8395a47ae9ba7f239d67d9aec2022-12-22T00:44:21ZdeuMax Steinbeis Verfassungsblog GmbHVerfassungsblog2366-70442366-7044A Crisis Made in ItalyMichael Wilkinson<p>The recent crisis surrounding the Italian President’s refusal to appoint a Finance Minister considered likely to pursue an agenda of ‘Italexit’ has sparked a great deal of constitutional commentary. Two particular threads of opinion are identified here and some doubts cast about them. On the one hand, there are those who consider legitimate the President’s discretionary use of power, partly in light of the pressure that would be brought to bear by the financial markets should Italy opt for exiting the single currency. On the other hand, there are those who doubt its wisdom, and offer a broader indictment of the pressure brought to bear on the Italian government as a result of being in an overly rigid Eurozone. This gets closer to diagnosing the condition, but in its ambiguity about the pressure point, fails to underscore that this is essentially a crisis made in Italy, and, if at all, to be resolved there, including a full and frank debate about membership of the single currency and even the European Union.</p> https://verfassungsblog.de/a-crisis-made-in-italy/Authoritarianism, eurozone, President
spellingShingle Michael Wilkinson
A Crisis Made in Italy
Verfassungsblog
Authoritarianism, eurozone, President
title A Crisis Made in Italy
title_full A Crisis Made in Italy
title_fullStr A Crisis Made in Italy
title_full_unstemmed A Crisis Made in Italy
title_short A Crisis Made in Italy
title_sort crisis made in italy
topic Authoritarianism, eurozone, President
url https://verfassungsblog.de/a-crisis-made-in-italy/
work_keys_str_mv AT michaelwilkinson acrisismadeinitaly
AT michaelwilkinson crisismadeinitaly