France’s labor markets and productivity are a mess and one of President Macron’s biggest challenges. But, Italy’s are even worse, and there is no sense the politics of the next election will offer a solution.
Italy’s anti-establishment nationalism is intense. Most of the public in Europe support the Euro despite anti-Euro nationalism. Only in Italy does a plurality of the public see the Euro as bad (47%) for the country, not good (41%).
Italy is currently run by an interim government since the constitutional reform referendum of Prime Minister Matteo Renzi failed in December and he resigned. A mid-2018 election is likely, and unless one of the major party groupings can get organized, Five Star could be asked to form a government.
Beppe Grillo, found of the Five Star Movement and Rome’s Mayor
Virginia Raggi during a demonstration in November | Gregorio Borgia/AP