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The interest rate on Italian debt has soared past the 7% mark, making credit crunch increasingly likely. The Italian daily, owned by the national association of business leaders, wants a quick response.
Hurry! – Il Sole-24 Ore
Italian President Giorgio Napolitano has appointed Mario Monti - former EU commissionner and prime minister in waiting - as senator for life.
We have a senator – Il Manifesto
While Rome burns, the eurozone fiddles – The Daily Telegraph
Italy sets the Eurozone on fire – La Tribune
Italy brings Europe nearer to the abyss – ABC
After meetings in the gardens of his residence in Athens, the Greek president is unable to appoint a new Prime Minister, with party leaders vetoing each candidate.
Operetta — the leaders, the gardener and poor Greece – Ta Nea
The Franco-German axis wants to create a hard core of eurozone countries. Some members may be shown the exit. "It would be the end of Europe as we know it," writes the Madrid daily.
Merkel and Sarkozy re-design the eurozone – El País
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