May 2017

According to the latest IBL Super Index, the degree of internal divergence within Eurozone countries keeps increasing. This means that the gap between Eurozone periphery countries, such as – for example – Italy, and other comparable countries in the European Union is widening.

The measure is based on some important macroeconomic dimensions (real GDP growth rate, unemployment rate, government deficit and GDP ratio, public debt ratio and GDP ratio). The IBL Super Index is based on the assumption that missed pro-markets reforms are the main cause of the increasing distance between Italy and its Eurozone and European partners.

Consequently, a well-planned long-term reform program, promptly converted into law and implemented quickly and effectively, would allow Italy – and other Eurozone countries such as France – to bridge the gap.