Italian debt crisis

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  Italy: The Next European Accident Waiting To Happen

  13 Oct 2011 by Jasmine Stone / No Comments

  The Italian debt crisis has the potential to make the Greek crisis seem small. It must be reiterated that Italian debt makes Greek debt look laughable. It currently stands at some €1,8 trillion. That’s excluding the purported €175 billion the Italians need to keep their country running until the end of the year.

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  Italy Too Big To Bail Out As Crisis Enters ‘New Phase’

  14 Jul 2011 by Jasmine Stone / No Comments

  “Italy Too Big to Bail Out as Crisis Enters ‘New Phase’.” That was the headline I read over at Bloomberg earlier. Don’t get me wrong, I know Italy is facing serious problems, but when will they actually get rid of the bungling “bunga bunga” Berlusconi? Today the country has been auctioning an estimated €3 – €5 billion in fixed-rate bonds.

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