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The Eurozone Crisis and the Acceleration of Decline (II)
•Lecture 7: The Eurozone crisis and the acceleration of decline (II)
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Political Landscape After the Crisis
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•Fragmentation of traditional parties
•Rise of anti-establishment sentiment
•Increasing distrust in EU institutions
•Growing debate on Italy's role in the Eurozone

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Emergence of the Five Star Movement (M5S)
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•Founded by Beppe Grillo in 2009
•Anti-establishment and anti-corruption platform
•Direct democracy and internet-based participation
•Rapid growth in popularity (2013-2018)

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M5S's Position on the EU and Euro
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•Initial Eurosceptic stance
•Calls for a referendum on Euro membership
•Criticism of EU austerity measures
•Evolution of views over time

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Transformation of the Northern League to Lega
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•From regional party to national movement
•Matteo Salvini's leadership (2013-present)
•Shift to anti-immigration and Eurosceptic positions
•Alliance with other European far-right parties

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Lega's Euro-critical Stance
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•Opposition to EU fiscal rules
•Proposal for "mini-BOTs" as parallel currency
•Critique of Germany's role in the Eurozone
•Calls for greater national sovereignty

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The Debate on Exiting the Euro
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•Economic arguments for and against "Italexit"
•Legal and practical challenges of leaving the Eurozone
•Public opinion on Euro membership
•International reactions to Italy's Euro debate

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2018 Elections and Government Formation
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•Electoral success of M5S and Lega
•Formation of the "yellow-green" coalition
•Appointment of Giuseppe Conte as Prime Minister
•Initial confrontation with EU over budget

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Economic Policies of the Populist Government
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•"Citizens' Income" welfare program
•"Quota 100" pension reform
•Attempts to increase deficit spending
•Tensions with EU over fiscal rules

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Impact on Italy-EU Relations
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•Deterioration of diplomatic relations
•Increased market volatility and spread widening
•Debates on EU reform and fiscal flexibility
•Italy's isolation in EU decision-making processes

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Changing Attitudes Towards Euro Exit
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•Moderation of M5S stance on Euro
•Lega's evolving position on Eurozone membership
•Role of economic realities in shaping political discourse
•Public opinion trends on Euro membership

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Lessons from the Populist Experience
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•Challenges of translating anti-EU rhetoric into policy
•Constraints of Eurozone membership on national policies
•Persistence of structural economic issues
•Ongoing debate on Italy's future in the EU and Eurozone