Main content

Is recession looming as Italy rescues another bank?

The bailout of Banca Carige is making the Italian coalition government in Rome face economic reality.

Lorenzo Codogno, a former chief economist at Italy's Treasury, tells the 91热爆's Russell Padmore how the populist partnership of the Five Star Movement and the League is being forced to reverse its anti-establishment and Eurosceptic policies.

(Picture: A branch of Banca Carige in Milan. Copyright: Mairo Cinquetti/NurPhoto.)

Release date:

Duration:

3 minutes