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1.4 MILLION ITALIANS MAY GO BANKRUPT BY JULY 2021

... citizens and businesses by mid-summer. According to the experts' forecast, 1.4 million Italians and almost 1.3 million legal entities may be overboard. The reason for this will be the expiration of the governmental decrees that provided residents of Italy with a deferral to pay off debts to the country's credit institutions. We are talking about debts of the total amount of almost € 300 billion - about 198 billion euros are owed by commercial organizations and 95 billion euros more are owed to ...

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