sovereign risk of Italy over the last five years. More than fifty events concerning non-standard operations are identified and … of Italy. …

dominance regimes. We consider France and Italy as illustrative cases for revising price and debt relationship (1955-2019 and … bound combined with a contemporaneous switch into fiscal easing in France, shared by Italy only after consolidating finances …, deflation and explosive debt paths under monetary dominance. In Italy, a procyclical fiscal policy in downturns due to limited …