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Italian Economy among riskiest economy of EU

Megha Jain

Content Head
Image Credit: Twitter/@EU_Commission

Italy's economy has been declared the weakest in the EU due to its weak banking sector and large debt and is expected to become more serious. The commission also listed other countries including France, Germany, who need to correct their imbalances. There have been improvements in their economy, especially in the banking sector, but debts still are a problem they face which would take time to correct.