Meloni’s Italy Tastes Schadenfreude Over German Fiscal Fiasco
- Stable ratings for Rome contrast with Germany’s fiscal pickle
- ‘Germans make mistakes too,’ says professor at Bocconi
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Italian Prime Minister Giorgia Meloni could be forgiven for feeling any schadenfreude this week while looking on at Germany’s unfolding budget debacle.
A string of fiscal wins for Rome has just coincided with a crisis rocking Chancellor Olaf Scholz’s coalition in Berlin after a calamitous court judgment cast doubt on the financing plans for Europe’s biggest economy.