The stakes are high for the Italian election, but Italy is not about to leave the euro

Could Italy really leave the euro following the country's general election in March? Iacopo Mugnai argues that concern in other EU states that the next Italian government could take Italy out of the euro is largely unfounded. However, the election will still be crucial for determining the future trajectory of the Italian economy, and if key problems fail to be addressed then Italy could find itself on a path toward long-term decline.