Italy is right to consider leaving the EU’s common currency area.
- Joseph Stiglitz
- Politico
What’s the best way to leave the euro?
That question is now back on the table after a Euroskeptic government took charge in Italy.
Yes, key ministers have pledged to keep the country in the EU’s common currency area.
But those commitments should not be seen as immutable.
They must be considered in the context of Italy’s broader bargaining position: The new government wants to make it clear that it is not just a…