Tag: Italy

Why Italy Needs a Financial Bailout to Combat the Coronavirus
Business

Why Italy Needs a Financial Bailout to Combat the Coronavirus

As of March 12th, 2020, Italy has expanded its lockdown to include the entire country. With many unable to work, earn income, and pay their debt, the country is entering a stage of significant financial risk. It is now estimated that the country will need a €500 – €700 million precautionary bailout. Italy’s Bailout from…