NYU Stern
Share / Print
Faculty News

Prof. Gian Luca Clementi on the financial crisis in Italy

xinhua logo feature

Excerpt from Xinhua -- "If the country does not cut government expenditure by a few point percentage points there is a real danger that the country is going to have to ask for help from the European authorities and the IMF. The Italian economy is about 50 percent bigger than Spain so we are talking about serious financial concerns for the EU. I mean, Italy going down can reasonably lead to the Euro one going down."

Read more