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Monday, November 7, 2011

Too Big to Bail: 'Europe got no cash to save Italy' -----------------Nov-07-2011--

Too Big to Bail:
'Europe got no cash to save Italy'Nov-07-2011--It's Greece that heads the line of countries destabilising the eurozone - and it's in Athens that a new coalition 'unity' government has been formed to tackle the debt crisis there. This comes after weeks of political chaos that's put Greek euro membership in jeopardy. Prime Minister George Papandreou has agreed to step down, with his replacement due to be announced later. INFO-AWARENESS - VIKEN Z KOKOZIAN

The size of Greece's debt Nov-07-2011--The Greek public debt is forecast to hit more than $500bn.  Meanwhile, plans for a second bailout for the country are being discussed by senior EU ministers.INFO-AWARENESS - VIKEN Z KOKOZIAN


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