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Italy on the brink of economic collapse & with it goes the EU

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First published at 16:14 UTC on July 29th, 2020.

The Duran: News - Video - Analysis

theduran

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Italy on the brink of economic collapse & with it goes the EU.
The Duran Quick Take: Episode 612.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Italy's failing, post covid lockdown economy which has revealed …

Italy on the brink of economic collapse & with it goes the EU.
The Duran Quick Take: Episode 612.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Italy's failing, post covid lockdown economy which has revealed that the country has a staggering €39 billion of repayments due in September and €42billion of repayments in November.

Italy now has to either enter ESM austerity, again, or the ECB has to begin a massive money printing cycle to bail out the giant Italian economy.

#EU #Italy #ECB #TheDuran

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