Well... I would use some very subtle terms to describe Italy's situation right now, but this is a respectable forum
hehe
Italy is currently not doing so well, actually. Economy wise.
The thing is, ever since 2008, things started to "go south" for Italy and there have been many attempts to make things better but most of them were in vain.
Each new prime minister who comes to power keeps promising new innovations, new solutions, new... everything, but things don't seem to get any better. In fact, people are more and more enraged, politicians come with promises, which they do keep! But instead of making things better, their solutions seem to make things even worse
I think Italy is still overwhelmed by the bad situation it's in but, maybe things will get better in time. We'll see.