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How Italy’s PM Meloni sparked an economic turnaround

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1 day ago

When Italy’s Giorgia Meloni took the job of prime minister in 2022, the country wasn’t in good shape. But since then, the economy has bounced back in ways that few outsiders would have expected. Now the country looks healthier than either Germany or France, the two largest economies in the European Union.In 2022, Italy’s deficit was 8.1% of GDP, according to Trading Economics. Unemployment in December 2022 was 7.9%, and inflation exceeded 12%."Italy was living through a social and economic crisis created by the rise of illegal immigration," Daniel Lacalle, chief economist at Madrid-based inves...

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