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The International Monetary Fund expects Italy's economy to shrink by 9.1 percent in 2020 - the worst peacetime decline in nearly a century. This could play into the hands of some far-right groups.
THE EU has been warned Italy could soon create further political instability within the bloc due to the potential departure of Prime Minister Giuseppe Conte and his successor's stance on handling the economic fallout of the coronavirus pandemic.
ITALIANS who were once proud of their place in the European Union are beginning to grow weary with the bloc over its less than sympathetic response to the coronavirus crisis.
ITALIAN Prime Minister Giuseppe Conte has warned that the entire European market could be "destroyed" if EU leaders don't agree a huge recovery bailout deal next week.
ITALY could be poised to follow in Britain's footsteps and quit the European Union, as "Italy's Nigel Farage" vows to ramp up campaigning and force a vote on the issue.
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