Italy risks third credit crunch in six years, say employers
Confindustria warns nation is in 'full emergency'08 March, 18:06
''Italy is yet again in full credit emergency'', Confindustria's research unit said in a report. ''The risk is that Italy will suffer a third credit crunch after those of 2007-2009 and 2011-2012. ''Banks are becoming increasingly selective, loan levels are falling, and the interest rates applied are increasing'', Confindustria said.