Italy News » Emilia Romagna News Italy » Emilia-Romagna » Economy: Italy’s $4.7 billion cheese economy is feeling the heat as climate change threatens its cheese banks that hold Parmigiano wheels as loan collateral
News channel or source: https://finance.yahoo.com/economy/articles/italy-4-7-billion-cheese-210835856.html
Published on: Monday 10 August 2026
In the hills of Emilia-Romagna, a bank vault holds more than half-a-million wheels of Parmigiano Reggiano, worth well over 300 million euros. The vault belongs to the bank Credito Emiliano, known ...