Italy starts to have problems too - level 2
The problems with Greece are not finished and we have another country in deep trouble. It is Italy. But Italy is not the same as Greece. It is a very big economy and its collapse would be a big problem for Europe.
Greece will probably collapse sooner or later but Italy can be saved. Italy doesn’t have as much debt as Greece and Italy can make more money this year than it spends. So the country has money and it can pay its debt without problems if its economy grows 2% a year. Experts say it is possible.
Written by Danny for News in Levels
Interesting words: trouble, debt, grow.
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