Eurozone contagion fears spread to Italy
![]()
The Republic of Ireland’s Euro85bn (£72bn) bailout has failed to end the crisis of confidence gripping the eurozone, and may even have exacerbated it. Far from being immunised against the “contagion”, other economies are now coming under renewed attack. Most worryingly, since the Irish deal investors have started to dump Italian government debt even as the sell-off of Greek, Irish, Spanish, Belgian and Portuguese securities continues – a broad vote of no confidence from the markets to European Union…
Read more here:
Eurozone contagion fears spread to Italy
Posted by
on December 1, 2010. Filed under
News.
You can follow any responses to this entry through the
RSS 2.0.
You can leave a response or trackback to this entry