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Analysis: Italy's flagging economy may scupper radical coalition's plans

Reuters  |  ROME 

By Gavin JonesROME (Reuters) - Signs of economic weakening in Italy and the wider euro zone are complicating the new, anti-establishment coalition's plans for deep tax cuts and higher welfare spending.When the euro zone slows down, chronically sluggish Italy normally slows more sharply, with a knock-on effect on its fragile public accounts.The euro zone's third largest economy has grown less than any of its partners since the start of monetary union in 1999, and high unemployment and rising poverty helped propel the 5-Star Movement and the right-wing League into power.However, even Italy had ...

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First Published: Tue, June 12 2018. 20:19 IST