Telegraph Live: Reports that the rate of Italian Unemployment has risen from 8% to 8.3% and cost for Italy to raise on the bond markets has gone up. Italy could be the soft spot of Europe folks, ( Yes from World War Two ), the Italian Government has promised reforms but its weak, a likely General Election next year, one can postulate that none of the political parties in Italy are going to run on cutting the public sector, more banker bashing, while this is going on Italy will stagnate under the lack of public sector reform and the cost of Italian bonds going up, Italy really could poison the well folks.
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