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Italy is a threat to Euro Bloc recovery

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Whilst Mario Draghi (President of the ECB) is doing all her can to save the Euro Bloc, Italy has returned into recession. The reason why Italy is in recession is due to a lack of structural reforms. Italy has failed on its part to revive a recovery, but Matteo Renzi is not to be blamed for the current state. Renzi's reform bill has been approved by the Italian Senate although, it has not turned into a law. Turning into a law will take more time, time is not currently on Italy's side. Renzi's Reported by FXstreet.com 4 hours ago.

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