This is good news
The ECB forcing Berlusconi to become a Thatcher, freeing the Italian economy in exchange for ECB bond purchases..
Italian problem is driving market melt-down, but it’s solvable
In principle at least. But do European leaders have the balls??
More bad news
Italian bond rates, after a brief, promising dip during Trichet’s speech, are back up and approaching dangerous levels..
On to the next crisis..
Italy..
Meanwhile, in Italy…
This is not good, not good at all..
The ugly side of Italy
Perhaps the most beautiful country in the world, however….