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Tuesday, June 12, 2012

Crisis: ''Eurozone worrying U.S., possible spread to Italy''

From Ansamed

''Will Italy be the next to fall?, the New York Times wonders. The newspaper speaks of ''probably insurmountable challenges'' even for professor Monti, who is also dealing with ''the resistance to change that characterises Italian society and politics." It is no coincident, the prestigious New York daily underlines, that all reforms launched by the technocrat government are still on halt in Parliament, blocked by hard opposition to painful but necessary measures. ''It is not clear yet if Monti will be able to keep Italy from becoming the next domino to fall.''

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