Sunday, July 22, 2012

Sicily’s Fiscal Problems Threaten to Swamp Italy

http://www.nytimes.com/2012/07/23/world/europe/sicilys-fiscal-problems-threaten-to-swamp-italy.html?_r=1&hp

As Prime Minister Mario Monti fights to protect Italy from perilous borrowing costs, some fear that Sicily has become “the Greece” of Italy and is at risk of defaulting on its high debts.

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