Arab Today, arab today italy likely to need bailout analyst warns
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Italy likely to need bailout, analyst warns

Arab Today, arab today

Arab Today, arab today Italy likely to need bailout, analyst warns

Rome - UPI

Italy is likely to need a bailout as the country slides into deeper fiscal crisis and a credit crunch spreads to large companies, a top Italian bank warned. \"Time is running out fast,\" Antonio Guglielmi, a top analyst for Mediobanca SpA, said in a private client note first reported by British newspaper The Daily Telegraph. \"The Italian macro situation has not improved over the last quarter, rather the contrary. Some 160 large corporations in Italy are now in special crisis administration,\" he said. Mediobanca, Italy\'s No. 2 bank, said its \"index of solvency risk\" for Italy was already flashing warning signs as a worldwide bond rout pushed up borrowing costs. Italy, the European Union\'s No. 5 economy, will \"inevitably end up in an EU bailout request\" over the next six months unless borrowing costs drop and the economy shifts to a broad recovery. Italy\'s $2.8 trillion debt is the world\'s third largest after those of the United States and Japan, the Telegraph said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy likely to need bailout analyst warns Arab Today, arab today italy likely to need bailout analyst warns

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy likely to need bailout analyst warns Arab Today, arab today italy likely to need bailout analyst warns

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday