{"id":213,"date":"2011-08-14T04:33:06","date_gmt":"2011-08-14T08:33:06","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=213"},"modified":"2011-08-14T04:33:06","modified_gmt":"2011-08-14T08:33:06","slug":"italy-emu-and-the-evil-eye-telegraph-blogs","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/14\/italy-emu-and-the-evil-eye-telegraph-blogs\/","title":{"rendered":"Italy, EMU and the Evil Eye \u2013 Telegraph Blogs"},"content":{"rendered":"

The deeper issue is that Italy is 20pc over-valued within EMU and is now trapped in very low growth and a stubborn current account deficit. This is a slow rot. It is directly linked to EMU membership.<\/span><\/p>\n

Italy could have used the decade and half since Euroland\u2019s currencies were locked together after Maastricht to free up labour markets and carry out the `micro\u2019 reforms needed to make EMU viable. It did not do so. It is very late in the day now.<\/span><\/p><\/blockquote>\n

via Italy, EMU and the Evil Eye \u2013 Ambrose Evans-Pritchard Telegraph Blogs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The deeper issue is that Italy is 20pc over-valued within EMU and is now trapped in very low growth and a stubborn current account deficit. This is a slow rot. It is directly linked to EMU membership. Italy could have used the decade and half since Euroland\u2019s currencies were locked together after Maastricht to free … <\/p>\n

Continue reading “Italy, EMU and the Evil Eye \u2013 Telegraph Blogs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-213","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions"],"yoast_head":"\nItaly, EMU and the Evil Eye \u2013 Telegraph Blogs - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Italy, EMU and the Evil Eye \u2013 Telegraph Blogs - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The deeper issue is that Italy is 20pc over-valued within EMU and is now trapped in very low growth and a stubborn current account deficit. 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