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Ciampi played a significant role in Italy's recovery from which crisis?
Energy crisis
2010s sovereign debt crisis
1990s economic crisis
2009 housing crash
Answer
The 1990s economic crisis in Italy was a period of severe economic recession and political instability. Ciampi, as the Minister of the Treasury, played a crucial role in stabilizing the economy and restoring confidence. He implemented a series of austerity measures, including budget cuts and tax increases, to reduce the country's budget deficit and control inflation.
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