Italy's economy is a greater threat than Brexit

It is rare that one sees a news broadcast without the word Brexit being mentioned. Understandably, as without an agreement Brexit will undoubtedly affect the Eurozone, but is it the biggest European risk to the world economy? Looking over to the south of Europe there is potentially greater danger in Italy. It faces economic and political turmoil and risks greater global ramifications than Brexit. Concluding a weak 2018, December brought more bad news in the European Commission'seconomic sentiment indicator (ESI). It showed a disappointing trend in confidence across all sectors, except...