Italy is continuing to flail about endeavouring to find a solution to its dual problem of rising debt and falling growth. One of the most recent plans is to sell as much as €1.8bn of state-owned real estate. When in trouble sell the assets – a much-used ploy in global politics. Italy’s public debt amounted to around 133% of GDP at the end of last year, and recent IMF projections based upon current government policies have it steadily rising to around 165% by the end of the 2020s. The IMF expects real GDP growth to remain below 1% each year through to 2023. At this rate, Italy will never climb out of its deepening debt hole.