Its competitive position has eroded , both globally and in Europe ; and its public finances -- which Italy cleaned up in the late-1990 's to prepare for the euro -- have once again deteriorated .
Europe /location/location/contains Italy
PRP$ JJ NN VBZ VBN , DT RB CC IN NNP : CC PRP$ JJ NNS : WDT NNP VBD RP IN DT NN POS TO VB IN DT NN : VBP RB RB VBN .
Europe
LOCATION
Italy
LOCATION
/location/location/contains