Italy's post Covid-19 recovery has achieved important results, especially when looking at GDP per capita. On this ground, Italy has now come close to equalizing with France, erasing a gap in per capita product that was 10.1% in 2020 and 8.8% in 2015; it has almost halved the “spread” with Germany, which has gone from 24.3% to 13.9% in five years; and it has mended ties with the Eurozone average, from which it is separated by 5.9% instead of the 10.7% in 2020 and the 9.4% recorded in 2015. But there is still a long way to go to recover from the damage generated by the long pre-pandemic stagnation; because the economic weight (and therefore the relative well-being) achieved by Italy 25, 20 or just 15 years ago remains far away. The burden of public debt remains excessive, on which Italy is widely the leader among the continent's large countries and is on its way to surpassing Greece's negative record.
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