‘Germany is now the sick man of Europe,’ says Bank of Italy Governor Fabio Panetta

Germany, not Italy, now holds the dubious title of the “sick man of Europe,” according to Fabio Panetta, governor of the Bank of Italy and member of the European Central Bank (ECB) board. Speaking at Bocconi University in Milan on Tuesday, Panetta remarked on Germany’s economic challenges while pressing for a significant shift in ECB … Continue reading ‘Germany is now the sick man of Europe,’ says Bank of Italy Governor Fabio Panetta