Tag Archives: italy

Italian election means new stress for eurozone

FRANKFURT, Germany — Until last weekend, Europe seemed headed for a quiet Christmas and New Year’s. Then Italy’s Prime Minister Mario Monti unexpectedly announced he was going to resign, pulling the plug on a government that had boosted confidence in the country’s ability to manage its debts. The prospect […]

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EU’s debt crisis and you

With the national media focusing attention on the United States’ fiscal cliff, the European debt crisis has dropped off our radar. While the U.S. economy slowly recovers under the leadership of President Barack Obama, Europe remains in chaos. The European crisis was in large part triggered by the enormity […]

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