Archive for November 7th, 2011

Deeper Analysis

Some Facts About Italy

November 7, 2011

In the euro debt crisis, the spotlight is turning to Italy.  Here are seven reasons to be concerned. Italian government debt as of 2010 totaled 1.84 trillion euros.  That’s about three times larger than the combined debt of Greece, Ireland, and Portugal, and it’s 44% greater than the total of Spanish, Greek, Irish and Portuguese […] More

New Overnight Developments Abroad - Daily Update

Tensions Intensify in Italy but Ease in Greece

November 7, 2011

Greek Prime Minister Papandreou is stepping down in favor of a temporary coalition government whose leader is yet to be named.  The Unity Government will be installed tomorrow and must reaffirm allegiance to the October 27 bailout plan.  Then the next EUR 8 billion loan from the EU will be received.  Greek voters will elect […] More