Italys Prime Minister Mario Monti insisted Tuesday that the eurozone was overcoming its debt crisis
OMG LOL WTF.
whatever you are thinking
you are too optimistic
it will be far worse
LOL!! ROFLMAO!!
A 12-hour sitting and they still couldn't agree on what to do with Greece. "Technical issues" - will try again on Monday. Now it's time to decide the EU budgets - the one for next year, and the long-term one. Good luck with that!
BTW, Monti has obviously not read this piece by the economist Edward Hugh. He really ought to.
And when Spain collapses then Italy and France will not be far behind.