imprudence

Critics say this "financial imprudence" has drained much of the country's economic resources and created unprecedented levels of debt that have crippled the economy.

Prosecutor Laure Beccuau said investigators would seek to “determine whether or not there was failure to respect a rule or individual imprudence that led to the explosion.”

The 2008 banking bailout protected many of the executives whose manifest imprudence created the housing crash that precipitated the financial crisis.

“The events of these days show the imprudence of not having further diversified our energy sources and our suppliers in the last decades,” he said last week.

“The events of the last days show the imprudence of not having diversified our sources of energy and our providers in recent decades,” said Italian Premier Mario Draghi in parliament on Friday.