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  1. In contrast, Italy was able (despite the crisis) to keep its 2009 budget deficit at 5.1% of GDP, which was crucial, given that it had a public debt to GDP ratio comparable to Greece's. In addition, being a member of the Eurozone, Greece had essentially no autonomous monetary policy flexibility. [citation needed]

  2. en.wikipedia.org › wiki › RenaissanceRenaissance - Wikipedia

    Overview. The Renaissance was a cultural movement that profoundly affected European intellectual life in the early modern period.Beginning in Italy, and spreading to the rest of Europe by the 16th century, its influence was felt in art, architecture, philosophy, literature, music, science, technology, politics, religion, and other aspects of intellectual inquiry.

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