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450,000 Businesses Shut Down in Italy; Constitutional Crisis in Spain

jim2845 Wrote: Nov 26, 2012 10:51 AM
The information in the article implies that Catalonia will seek to leave the socialist bureaucratic state of Spain to create it's own socialist bureaucratic state. You can be sure that even right-wing parties in Europe are left-wing. Don't we, after the latest reincarnation of Republicans, know this?

Here are a couple of interesting economic links from Italy courtesy of reader Andrea. The translations from Italian are a bit choppy, but the gist of the articles is easily understandable.

Non-Performing Loans Jump 15.3%, Write-Downs 21.6%

From Thompson Financial News: Non-Performing Loans Jump 15.3%

Related Tags: Spain crisis