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Claudia Ciccone

Claudia Ciccone is a Graduate in Economics (MSc) from Roma Tre University.

Claudia Ciccone holds an MSc in Economics (LM-56) from Roma Tre University. Her studies have focused on political economy and economic policy, and her research interests lie in macroeconomic policy and European fiscal governance, with particular attention to the analytical foundations of fiscal rules and their implications for growth dynamics and public-debt sustainability. Her MSc thesis focused on the critical examination of the assumptions adopted by European institutions in their policy frameworks.

By this expert

Debt, Austerity, and the New EU Rules: Why Italy’s “Reform” Path Still Leads Nowhere

Article By Claudia Ciccone | Nov 26, 2025

Europe’s revamped fiscal rules promise discipline and stability, but Italy’s numbers tell a different story. Once realistic multipliers and hysteresis are built in, consolidation pushes debt up, growth down, and recessionary pressure outwards across the eurozone, hardly a recipe for sustainability.

Will the New European Fiscal Rules Raise the Debt-to-GDP Ratio? An Analysis of the Italian Case

Paper Working Paper | By Claudia Ciccone | Nov 2025

Investigations into the possible effects of the fiscal consolidations required under the new European fiscal rules on Italy’s debt-to-GDP ratio find that the new governance framework may lead to the pro-cyclical tightening, weaker growth and adverse debt dynamics that characterized earlier phases of EU fiscal governance