Economics

On Brink of Recession, Italian Executives Snub Rome, Take Action

The northern industrial heartland is facing a new threat in 2019

Photographer: Alessia Pierdomenico/Bloomberg
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Like many Italian corporate executives, Federico Visentin is just trying to get on with the job.

Visentin, who runs metal components manufacturer Mevis SpA in northern Italy, can’t afford to be distracted by government infighting in Rome. The global economic outlook has become gloomier, demand in one of his biggest markets is under pressure and Italy itself is at risk of recession.