, Columnist
Italy’s Economic Horror Show Starts Now
With economic growth slowing, the government needs to reverse course on its spending plans or face an even graver crisis.
Rome’s triumvirate.
Photographer: Filippo Monteforte/AFP/Getty Images
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Italy’s horror show has just started — and it’s bound to get worse.
The country’s economy stagnated in the third quarter, according to figures released on Tuesday. The slowdown may be part of a wider trend: The euro-zone economy expanded by a meager 0.2 percent in same three months. But it’s clear that the uncertainty which has accompanied the rise to power of Italy’s populist government has started to take its toll.