Latest update: 10/08/2011 

- debt - European markets - eurozone - Italy - Silvio Berlusconi


Another eurozone country in danger?

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Only a few months ago Italy's debt mountain, the eurozone's second-highest, did not worry investors. A G8 member and the world's 8th largest economy, Rome's financial backbone was strong. But the US debt crisis and repeated eurozone bailouts have made markets wary of other weak spots.

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Like everything else, there's a loser and winner!

by Anonyme - 13/08/2011 - 19:08

Germany will come out as the most redoutable winner from all this whole mess. It already serves as the European central banker whose role seems to be so tremendous and indispensable for the good or ill of Eurozone. The danger awaist is that it will be transformed into a superstate within the states...its economy seems to be so well shielded from the rest...its controls and powers will be immeasurable...

It really doesn't matter if

by Anonyme - 12/08/2011 - 00:41

It really doesn't matter if it's Italy, or another Eurozone country. As long as markets permit the sale of naked CDS, they will all have their turn. The Eurozone members, not having a central bank of their own, have lost the ability to defend themselves.

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