Economics

ECB’s Visco Sees Significant 2020 Risks for Italy’s Economy

  • Coronavirus is among factors threatening outlook for economy
  • ECB’s low-rate policy has had no effect on Italian lenders

Tourists tour outside the Coliseum in Rome. 

Photographer: Alberto Pizzloli/AFP via Getty Images

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Italy’s central bank governor sees “significant” risks to the country’s fragile economy, with global headwinds such as the coronavirus outbreak adding to an already subdued outlook.