Economics

The 700 Billion-Euro Man Counting Every Cent to Keep Italy Afloat

Italy’s finance minister Roberto Gualtieri has amassed unprecedented power from the push for EU stimulus.

People eat at a restaurant in the Cathedral square in Milan.Photographer: Francesca Volpi/Bloomberg
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When Italian officials meet to discuss the public accounts these days their conversations are sometimes punctuated by the click-click-click of the calculator on Roberto Gualtieri’s phone.

The finance minister is not someone who leaves details to his staff. As his team runs through their projections for government revenue and spending, the boss checks the arithmetic himself.