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12-15-2011, 04:31 PM
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#1 |
Italian govt calls confidence vote on austerity
In Italy's high-stakes gambit for economic survival, new Premier Mario Monti is facing serious resistance from three tenacious forces: global financial markets, Italian politicians and Italian labor unions.Monti's challengers are showing little restraint, even when facing a possible worst-case scenario of an Italian default on euro1.9 trillion More... |
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