Charles Dallara, managing director of the Institute of International Finance from 1993–2013, talks about his crisis memoir: Euroshock: How the Largest Debt Restructuring in History Helped Save Greece and Preserve the Eurozone (Rodin Books, 2024). Dallara, who co-led a small team who negotiated a...

Four months after taking office in May 1996, Italian prime minister Romano Prodi flew to Valencia for a bilateral summit with his Spanish counterpart José María Aznar. Germany, France and the EU's core members were getting ready to create the euro but Italy needed more time to get its economy in...