Italy's 'perma-recession' could trigger a €2 trillion financial crisis that threatens the eurozone itself

Economists in Milan and London are debating whether Italy is carrying so much debt that it might collapse into a Greek-style financial crisis. Their fear is that because Italy is so much bigger than Greece — and because Italy is one of the Big Three economies underpinning the eurozone — that the scale of such a crisis might be more difficult to contain this time around.
Read more: https://www.businessinsider.com/italy-perma-recession-systemic-crisis-threatens-eurozone-2019-4?source=Snapzu