Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Italy can survive, I think, as they have a primary surplus, and the ECB is both able and willing to push Italian rates down as long as Italy can keep a balanced budget, which it can.

Spain is the big problem, and the Eurozone and Union will live or die with the fate of Spain. Where is El Cid when we need him?

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed May 9th, 2012 at 09:05:25 AM EST
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