Italy is slowly strangling to death thanks to the euro. There is no other way to describe what is happening. It’s populist coalition government understands the fundamental problems but, politically, is hamstrung to address them head on.
The political will simply isn’t there to make the break needed to put Italy truly back on the right path, i.e. leave the euro. But, as the government is set to clash with Brussels over their proposed budget the issues with the euro may come into sharper focus.