Italy's credit crunch deepens as recession stalks Europe

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Italy risks sliding into a recessionary vortex after corporate lending slumped by 5.5pc in December, raising the odds of a fresh debt crisis in 2019 without a shift in policy by the eurozone authorities.

Source: Loan Digest (loandigest.net)

 

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Ancora!? When is Italy not in recession?

but Salvini [as any other farright KGB-puppet in Europe] wants to shift the focus from REAL problems [he does absolutely NOTHING to solve] to pre-EP2019 attacks on pro-transformation Macron. WITHOUT FIXING eurozone NO ONE WOULD BE ABLE TO FIX 🇮🇹ITALY. Italia=/=Salvini.

'Markets take fright at idea that Cyprus savings raid could become bailout model' I hope that Mr Salvini won't allow the EU to steal money from Italian bank accounts. Italy might leave the Euro currency at that point.

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