The difference between Italy and Spain

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The difference between Italy and Spain
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Fundamental differences to do with national metabolism, lost on some northern Europeans, separate Spain and Italy

to lump Europe’s two big southern countries together. Italians and Spaniards talk loudly, eat late, drive fast and slurp down life-prolonging quantities of tomatoes and olive oil . They were cradles of European anarchism in the 19th century and fascism in the 20th century; brushing dictatorship under the carpet before embracing Europe in the post-war years. During the euro-zone crisis from 2009 they were two components of the ugly acronym “” denoting particularly indebted economies.

Yet despite all that, fundamental differences to do with national metabolism, lost on some northern European officials, separate the two countries. Italy is shackled by conservatism and stasis. Its euro-zone crisis was the mild acceleration of a long-term national slump.has barely grown since the late 1990s, making a debt mountain accumulated in earlier times unsustainable. Spain meanwhile hurtles forward, having grown by almost half during that period.

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