Why southern Italy’s economic “miracle” risks disappearing

Southern Italy has experienced significant economic growth, attributed to public investments like the Superbonus and the PNRR. However, this growth is unsustainable as funding sources dwindle, leading to concerns about structural weaknesses. Despite a temporary boost in GDP, issues such as falling wages, depopulation, and inadequate job creation for youth persist. The region faces new challenges from rising energy prices and reduced EU funding, complicating its recovery. Experts suggest that without strategic planning and investment in renewable energy, the region may struggle to maintain its gains and attract young talent.