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Italy Strategizes Debt Assistance, Eyes Stable Bad-Debt Market

FILE PHOTO: Swearing-in ceremony at Quirinale Palace in Rome

Amid a vibrant symphony of life, beneath the azure sky, Italy is an amphitheatre of scenic diversity and unrivalled culture. Often identified by its inhale-exhale of artistic expressions and world-renowned cuisine, the nation is lately finding itself cast in a less desirable role in the global tale - of harboring an unenviable amount of bad loans.

In her grand narrative, Italy now finds herself caught in a maelapore - making earnest efforts to help her struggling debtors, yet striving not to unleash further turmoil in the already frothy bad debt market. No simple task, this.

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