FEZ - Italy Headed For 'Vicious' Debt Crisis
Government actions eroding investor trust
After the briefest and weakest of economic recoveries, Italy has succumbed to its third recession in a decade. This risks further undermining Italian support for the euro, particularly considering that Italian living standards today are below those enjoyed 20 years ago when the country adopted the single currency.
Italy's Prime Minister Giuseppe Conte arrives to address the European Parliament during a debate on the future of Europe in Strasbourg, France, February 12, 2019. Reuters/Vincent Kessler
Ahead of European Parliament elections in May, Italy's populist government is becoming more radical. This