The Euro and the Competitiveness of European Countries

The paper focuses on the introduction of Euro as one of the most relevant change in theinstitutional framework Italian firms have to face. The introduction of a common currency isbased on a theoretical background that would not be taken for granted. The paper shows how current approaches to economic policies risk to keep generating new drawbacks like so the European experiments is highlighting. If the Euro crisis is analyzed from a different theoretical perspective, for Italy and the other European countries there are only two remedies: build a single State or recognize the Euro collapse.