The Italian economy has been held back for decades.
Italy needed structural reforms to become more competitive.
If the euro becomes a factor promoting Europe's drifting apart, then the foundation of the European project is destroyed.
If Spain goes under, Italy will come under even more scrutiny.
There was in Italy a hidden demand for a boring government which would try to tell the truth in non-political jargon.
Growth in any individual European country has to be the result of policies for growth pursued in that country consistent with budgetary discipline.