Apparently, the state of the fiscal accounts in the euro area is, on average, stronger than in the United States or Japan. And yet there seems to be less willingness to support economic activity through fiscal policy, even at a time of a clear economic slowdown.
Is this justified? What is missing in the European euro area fiscal architecture? And how much Italy’s fiscal situation represent a risk for the whole area?
Following the presentations, guests are encouraged to ask questions and for more information, you may reach Gabriele Librandi of the Harvard Italian Student Society (HISS).