Italy's Impossible ChoicesGail Edmondson
In boardrooms across Italy, top business leaders are glum. As the upcoming national elections on Apr. 9 and Apr. 10 approach, the chances of any party supporting vigorous and urgently needed economic reform look scant. That may well condemn Italy to further economic stagnation, rising debt, and sliding industrial competitiveness -- as well as to shock therapy some time in the future.
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