Italy

Data from TrackInsight

Part of firm's wider European expansion plans

UK exposured to Italy via German and French banks

Defensive stance

After a terrible share price performance since the start of the year, Vodafone provided a more reassuring set of half year results last week.

Few regions have experienced as bifurcated an economic landscape as Europe over the past decade.

Growth projected to fall throughout the bloc

Avoiding freezing of US-China ties

Spat does little to calm nerves

Tit-for-tat rhetoric doing little to ease tensions within bloc