Italy’s debt bubble pop heard around the world

The eurozone's third biggest economy is in a perilous state after voters revolted against the Establishment and elected populist parties

May 29, 2018 8:36 PM (UTC+8)
Former IMF economist Carlo Cottarelli speaks to the media after being asked by Italy's President Sergio Mattarella to form a new government, after efforts by two populist parties to form a coalition collapsed. Photo: Reuters / Tony Gentile
Former IMF economist Carlo Cottarelli speaks to the media after being asked by Italy's President Sergio Mattarella to form a new government, after efforts by two populist parties to form a coalition collapsed. Photo: Reuters / Tony Gentile