Italy is suffering the effects of weak growth, low productivity and a lack of ability to innovate. But under Mr Monti’s government, Italy has set itself ambitious reform goals in an effort to restore investors’ confidence, and has made progress. It would be disastrous if Italy were to give the impression that this progress might be reversed, depending on the outcome of the election.
BIS central bankers’ speeches  1  Let us be clear: anyone who votes for Berlusconi makes the need for a bailout more likely. But the rescue shield should not be forced to provide funds because of Berlusconi. I do not wish to speculate on the outcome of the elections.