
Following the global financial crisis of 2008, several European countries – Portugal, Italy, Ireland, Greece and Spain – faced high public debt, weak economic growth and fragile banking sectors.
These vulnerabilities led to the eurozone crisis of 2010–2012, which particularly affected Greece and Cyprus.
Italy, with a long history of political instability, having changed more than 60 governments over the last 80 years, was at the centre of concern at






