Virus-hit Italy’s instability could rock Eurozone

Virus-hit Italy’s instability could rock Eurozone

Facing into its biggest crisis since the Second World War, Italy became on Thursday the country with the most coronavirus fatalities in the world, higher even than China. While tackling the human cost of this health emergency is the first and foremost priority, the economic damage will also be massive too with the country already likely in its fourth recession in around a decade.The nation has already taken the most restrictive mobility measures in Europe since the 1940s with Italians in effective lockdown conditions. Not only are people forbidden, in theory, from migrating across the country,…

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Published at Tue, 24 Mar 2020 00:33:45 +0000

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