Tuesday, September 06, 2011

Italian Austerity Package = Default ?

Telegraph Live: Reports that the Italian Government is thinking of linking its austerity package to a vote of confidence in the Governments. In other words folks the Berlusconi's Government is in trouble, it must be worried that its own Italian MP’s will not vote for the austerity package, as in Greece there have been heavy protests against the plan, as PM Berlusconi is in political trouble with personal scandals, he can not afford to lose this vote. In fact if Italy goes down then the Euro and the EU are dodos.

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