Italy

How can Italy's hidden wealth be freed up?

by Tom Gill

They show that €9.5 trillion (£7.9tn) is tied up in household wealth.

That's a vast resource that if tapped would solve the country's public finances overnight and provide plenty of resources for growth, jobs and high-quality public services for all.

Equal to almost €400,000 (£330,000) a family on average, the figures show Italy is considerably richer than other leading developed economies, including Britain, France and the US.

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