Italians are used to living with risk. About 3 million people live close to Mount Vesuvius, famous for the eruption in AD79 that destroyed the Roman cities of Pompeii and Herculaneum, and still the only active volcano in mainland Europe. In recent years Italy has also had to cope with political upheaval and economic instability, as illustrated by the resignation of its prime minister and a dangerous rise in debt levels towards the end of 2011.

Risk Innovation

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