The Italian newspaper Corriere della Sera, in today’s (21.7.2025) of the article he published, wonders why “Greece and Portugal Do they have better financial performance than Italy, Germany and France? “
In the extensive article, it is emphasized that “today, the Greek government bond yield is 3 points lower than France, and 18 points from Italy”, while “France, Italy and Spain are now considered less secure not only by Spain, Portugal, but Portugal, but Portugal, but Portugal, but Portugal.”
At the same time, it is emphasized that while a well -known French supermarket chain decided to leave Italy, he recently returned to Greece. According to Corriere, “the troika is responsible for many mistakes that have been made, mainly in Brussels and Berlin.” “Excessive hesitation, excessive austerity but, above all, a wrong reading of the crisis, which threw all the blame on the countries that had been hit by it, not in the incomplete architecture of the euro,” the Italian newspaper notes.
He still wonders “why countries that have suffered a humiliating and clumsy intervention in their sovereignty today have better economic performance than those that have imposed them the various terms,” and reminded that in twelve months until March Germany presented zero development, France of 0.6% and Italy of 0.7%while Portugal was economically developed by 1.6%, Greece by 2.2% and Spain by 2.8%.
“It may also be an increase associated with an international tourism that could be suddenly reduced, but is not growing,” dumped “by the deficit” because “Ireland, Greece and Portugal today produce surplus, Spain has reduced it by half its defect, newspaper.
It is recalled that public debt has also fallen sharply in Greece and Portugal over the last decade, and much in Spain.
The article refers to the fact that Greek society, however, remains weak and poor, with almost exclusive dependence on tourism and shipowners, while the country has not yet returned to the pre -crisis production and over a quarter of the population – as in Spain – living near or below.
“The countries that have drank the troika’s bitter medicine, however, seem to threaten less – for the time being – by the disorganized, anti -Western and anti -European populism, which has characterized the West in recent years,” the Milan newspaper writes.
It notes that in terms of public sector digitization, Italy, France and Germany have taken steps back, while Spain, Portugal and Greece, progress steps.
At the same time, analyst Federico Fombini estimates that in countries affected by the financial crisis “there was some renewal in the state mechanism”, while referring to Prime Minister Kyriakos Mitsotakis, he stresses:
«He comes from one of the country’s large families, but received a Business Administration degree in Harvard, Masters in Stanford and acquired a method of working at McKinsey before rising to power at 51. ” “Spanish Minister of Finance Carlos Courepos, studied at the London School of Economics, has a doctorate in his field of competence and assumed duties at 42. Before him, Nadia Calvinio had reached the same position in her 50s, after international finance studies and a top -level career in European institutions“, Adds the Italian capital newspaper.
“When did we see something similar, in a government government in Italy, France or Germany? Where the groups of officials are closed or consolidated, those who have been and remain in power for decades have necessarily practiced only one capacity to survive and impose: to manage to walk, in closed and consolidated groups of managers. Where these teams are open – or opened after an explosion, such as the euro crisis – counts and what you studied and what you know to do. The difference, in the end, seems, “concludes Corriere della Sera.