March 27, 2019 / 1:29 PM / 3 months ago

Global economic slowdown might trigger new financial crisis: Italy's finance minister

Italian Economy Minister Giovanni Tria holds a news conference after a Euro zone finance ministers meeting in Brussels, Belgium November 19, 2018. REUTERS/Eric Vidal

MILAN (Reuters) - Italy’s Economy Minister Giovanni Tria said on Wednesday he feared the ongoing economic slowdown at a global level could trigger a new financial crisis.

“Everybody fears a financial crisis can translate into a global economic crisis [...] My opinion is ... that the economic slowdown, especially if it were to worsen, could lead to a global financial crisis,” Tria said at an event in China.

Writing by Alessia Pe, editing by Silvia Aloisi

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below