IPFS News Link • Economy - International
Italy Trembles On The Brink Of The Impossible
• businessinsider.com, Wolf Richter, Testosterone Pi
The question was hot. It followed the kerfuffle that ensued when Austrian Finance Minister Maria Fekter had let it slip Monday that Italy, given the high rates it has to pay on its debt, might also need “support.”
Monti was addressing restive German taxpayers on Bavarian public radio: He understood that Germans were looking at Italy as “a merry and undisciplined country,” but Italy was much more disciplined than other countries, he said, and wasn’t all that merry.
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When "No," means "Yes."