Brugel's Papadia Sees ECB Completing Taper in 2018

The transcript discusses economic growth in Europe and the US, highlighting the consolidation of growth and the approach towards the 2% target. It contrasts the political situations in Europe and the US, noting the rise of populism in Europe. The European Central Bank's potential tapering of QE is examined, along with the implications for Italy. The potential for a bargain between France and Germany post-elections is explored, and Italy's political and economic challenges are analyzed.

What are the potential implications of Italy's political situation as discussed by the speaker?

How does the speaker view the likelihood of Italy exiting the euro?

What historical context does the speaker provide regarding Italy's competitiveness and currency devaluation?