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Germany Warns Italy to Stay the Course of Monti Implemented Austerity

By CRONKITE – Wed Jun 13, 2012 7:26am – No Comments

Pro growth spending policy talk seems to be fading in Europe as Germany warns that Italy needs to walk the road of austerity.

Full article

Previous Posts by CRONKITE

Will Merkel Bow to the Union or the Will of the People ?
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Greek Bank Deposit Outflows, AKA BANK RUNS, Said To Rise Before Elections
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The Euro Tades Largely Unchanged Amid Debt Worries
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CRONKITE (9 days ago) I'll wager on trying to understand, but ignoring for what they believe is the greater good for now. [...]

Mr. Cain Thaler (12 days ago) Ugh, the whole premise of that was since the Fed (themselves) are buying the shit out of bonds, that somehow makes stocks cheaper / safer by [...]

CRONKITE (12 days ago) indeud! We have a right to know... [...]

Po Pimp (13 days ago) E&Y uncovers all this fraud in their survey, but how many financial statements have they refused to sign off on? Inquiring minds want t [...]

CRONKITE (14 days ago) it was a great slide show and it is a wonder we have come this far. perception is everything, but all that downward force will have to rever [...]

drummerboy (15 days ago) great article.this is what i was trying to explain to Bullish,on scott bleirs' thread the other day.this is more of a thorough explanation o [...]

CRONKITE (18 days ago) if u say so.... dare i say we go the other way [...]

Po Pimp (19 days ago) Cool. With the slack asses coming out of school now we will be at 0% unemployment in no time. [...]

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heaterman (22 days ago) As has been said elsewhere on the www........"Japan is a bug in search of a windshield". [...]
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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,387.60 0.34% NASDAQ 3,502.12 0.16% S&P 500 1,669.16 0.17% VIX 13.37 2.69%	SPX 500 (CFD) 1,668.10 -0.06% DOW (CFD) 15,378.00 -0.06% NASDAQ 100 3,023.90 -0.08% EURUSD 1.291 0.06%	UK 6,803.30 0.71% GERMANY 8,471.00 0.19% FRANCE 4,035.50 0.33% SPAIN 8,468.50 -0.60%	H. KONG 23,381.00 -0.54% JAPAN 15,401.00 0.13% KOREA 1,981.09 -0.07% SHANGHAI 2,305.11 0.22%	NAT GAS 4.20 0.14% GOLD 1,372.30 -0.38% SILVER 22.39 -0.26% COPPER 3.33 -0.15%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.01 240.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.90 1.22% GERMAN 10YR 1.39 1.09% ITALIAN 10YR 3.92 0.69% SPAIN 10YR 4.19 -0.38%	WTI 95.66 -0.54% BRENT 103.63 0.00% WTI/BRENT 7.97 321 CR SPR 21.96 10.04%