Italy has managed to largely avoid the media spotlight in the eurozone crisis, even though it is one of the so-called “PIIGS” (Portugal, Ireland, Italy, Greece, Spain) always listed as the weak links in Europe. But Greece’s crisis and now Spain’s worries have overshadowed the potentially even larger problem in Italy. After all, it’s the seventh largest economy in the world -- seven times larger than that of Greece. But it has problems, too. So, as one commentator puts it, Italy is the “largest of the vulnerable countries, and most vulnerable of the large.”