"Editor's Note: The following article comes from Worldcrunch, an innovative, new global news site that translates stories of note in foreign languages into English. This article was originally published in La Stampa.
By Marco Alfieri, Worldcrunch
MILAN – “Are you sure my investments are safe?” Everyone is asking the same question to Matteo R., a 42-year-old director of a bank branch in the village of Settala, 15 kilometers east of Milan.
Settala, for all intents and purposes, is a fairly wealthy village. There are 7,500 inhabitants and five banks, which would indicate there’s plenty of money around. Most of Settala’s residents live in single-family homes, as opposed to apartment buildings. Many have large cars. Still, residents here are jittery, rattled by crashing markets and news of the euro zone’s sovereign debt crisis."
By Marco Alfieri, Worldcrunch
MILAN – “Are you sure my investments are safe?” Everyone is asking the same question to Matteo R., a 42-year-old director of a bank branch in the village of Settala, 15 kilometers east of Milan.
Settala, for all intents and purposes, is a fairly wealthy village. There are 7,500 inhabitants and five banks, which would indicate there’s plenty of money around. Most of Settala’s residents live in single-family homes, as opposed to apartment buildings. Many have large cars. Still, residents here are jittery, rattled by crashing markets and news of the euro zone’s sovereign debt crisis."
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