Warning signs of Italian slowdown

Italy’s economy has stalled abruptly over the summer and the industrial sector is on the cusp of outright recession, threatening to drive the country’s knife-edge debt dynamics into dangerous territory. The sudden slowdown comes as mounting political alarm pushes risk spreads on 10-year Italian debt to a five-year high. Markets are increasingly nervous over the Lega-five Star government plans for tax cuts and welfare spending.

Business, Page 1