Introducing a parallel currency could help to stimulate Italy’s economy by providing a fiscal boost and leading to an improvement in competitiveness. That said, despite some of the eurosceptic parties’ claims, it would be akin to leaving the euro-zone. It might even be the first step towards a full exit. But for now, we think that the plan is unlikely to get off the ground.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services