Italy could be on a collision course for two key reasons

The Brexit vote immediately sparked speculation about which country may be the next weak spot in Europe. And increasingly, it's clear the answer may be Italy.

Seventeen percent of bank loans in Italy are bad, according to aMonday report in the Wall Street Journal. That figure, which comes out to a combined 360 billion euros ($401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.

Italy could be on a collision course for two key reasons