ROME — A week into his new job, Premier Mario Monti is running out of time to reassure nervous investors that his government has a strategy to deal with Italy’s crippling debts.
- Vaccine Education Summit
- Bitcoin Summit
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
The nation’s borrowing rates skyrocketed Friday after a grim set of bond auctions, with a new auction looming Tuesday. Another borrowing debacle could ratchet up fears that Italy has entered a debt spiral driving it toward bankruptcy and the 17-nation eurozone into its most acute crisis yet.
Monti’s government of so-called “technocrats” is battling to convince investors that it has a successful strategy to reduce the country’s €1.9 trillion ($2.6 trillion) debt. But Friday’s dismal bond auction results for the eurozone’s third largest economy temporarily battered Europe’s stock markets.
Additional Related items you might find interesting:Related items:
News Link • TAXES: Federal
News Link • Future Predictions