BBCNEWS Business Briefing July 14, 2024
In italy, the Coalition Government faces a challenging day ahead. Later the countrys Prime Minister, giuseppe conte, will be making a speech at the Italian Parliament and could face a vote of no confidence. This all comes at a time when europes fourth biggest economy continues to struggle. Italy currently has a massive 2. 3 trillion worth of public debt, which is equivalent to 133 of its overall gdp. Italian banks are most exposed to any default, but french, german and british banks are also at risk. The Italian Economy is still recovering from a recession last year. It grew marginally at the ...
Source: archive.org