People at Piazza di Spagna in Rome, Italy, on May 12. Financial markets reacted negatively to the formation of a populist government in a country which has Europe’s second-largest public debt burden. Photo: Bloomberg

Will Italy and its ailing banks trigger the next global financial crisis?

Nicholas Spiro says populism in Italy, vulnerable European banks and a tightening of monetary policy could tip financial markets into crisis

Topic |   Italy

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People at Piazza di Spagna in Rome, Italy, on May 12. Financial markets reacted negatively to the formation of a populist government in a country which has Europe’s second-largest public debt burden. Photo: Bloomberg
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