Edward Hugh

Italy's Economy On The Ropes (Again)

Hi again Adan,

"but the article brings an old question back to mind for me, why is everything always predicated on growth as the only answer?"

It isn't the only answer. But to keep a long story short here, with aging populations and declining young cohorts, getting growth is the only way the younger generations are going to be able to meet the pension expectations of the older ones.