Greek Night - Eurozone Night

Guardian Live: Reports the following on Italy and its bonds, “ ..conventional wisdom is that 7% is the point at which a country cannot borrow from the financial markets.... ”. Thus as Italian bonds raise close that 7% what has the Italian Government done, it has turned down a loan from the IMF. Its an interesting thought folks, will the Italian Parliament allow the IMF to check its books, does it want Italy to be seen as another Greece, does it want the IMF to run the Italian economy, its not an abstract question folks, if the Greek crisis goes on and on, the Markets will start to question the reforms of the Italian Government. The Italian economy needs a Lady Thatcher to come in to reform the system, the Unions and the professions are to powerful, the question is can a weak Italian Government reform the system, No would be the truthful answer folks.