Istat, Italian companies more solid in the face of shocks - Breaking news. Italian businesses have proven "more resilient in the faces of shocks" posed by the pandemic and the war in Ukraine.

Production system has strengthened in the decade following the financial crisis of 2008-2009 and the debt crisis of 2012. In the adverse scenario in which the ECB does not ease the financial conditions for companies, "up to a quarter of joint-stock companies could go below the waterline, especially in the tertiary sector"