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Analysis: Italy charm offensive more style than substance ZURICH (Reuters) - Nearly two decades ago, the man now likely to become the head of Switzerland's central bank foresaw the neighboring euro zone's troubles in a doctoral thesis, saying the likes of Ireland, Italy and Greece would not be able to control their debt. Vice Chairman Thomas Jordan, who has served on the Swiss National Bank's governing board since 2007 and is currently interim chairman ... Greece debt level spikes, but Italy's dips Debt levels in bailed-out countries Greece, Portugal and Ireland continued to rise in the third quarter of last year, but they fell for Italy and the 17-nation eurozone as a whole, official statistics showed Monday. Italy's Premier Mario Monti: Time to Focus on Growth in Europe Listen to the Audio Help us, via Universal Subtitles , to subtitle this interview in English and other languages. If you have foreign language skills, you can help make this video accessible to communities all around the world. Click the box beneath the video for more information. MARGARET WARNER: Mr. Prime Minister. Thank you for having us. PRIME MINISTER MARIO MONTI: Great pleasure. MARGARET ... Behind The Euro: History And Future The euro was designed to create economic parity among eurozone nations. Discover where its going and where its been. Monti Says Italy Seeks to Set Good Example on Swaps Transparency Prime Minister Mario Monti said Italy wants to set a “good example” by being as transparent as possible on its derivative contracts with banks. Debt level spikes in Greece, but drops in Italy and overall eurozone in third quarter BRUSSELS - Debt levels in bailed-out countries Greece, Portugal and Ireland continued to rise in the third quarter of last year, but they fell for Italy and the 17-nation eurozone as a whole, official statistics showed Monday. Fitch cuts rating of five eurozone nations rating NEW YORK - Fitch Ratings Friday downgraded the sovereign credit ratings of five euro currency countries - Italy, Spain, Slovenia, Belgium and Cyprus, contending they lack financing flexibility in the face of the regional debt crisis. European Market Insight: Euro Currency and Shares Looking Up Economic data in Europe was mixed at best, but markets were lifted on positive economic data. Swiss banker a euro crisis Nostradamus? Nearly two decades ago, the man now likely to become the head of Switzerland's central bank foresaw the neighbouring euro zone's troubles in a doctoral thesis, saying the likes of Ireland, Italy and Greece would not be able to control their debt. |
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