Thread: Greece financial bailout, and the mood of other Euro users.
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Rauha is offline Rauha
2010-05-06 , 21:35
Posts: 1,400 | Thanked: 3,751 times | Joined on Sep 2009 @ Arctic cold of northern .fi
#97
Originally Posted by Robb View Post
From this analysis it looks like Italy is in a worse position. Right?
No, it has lot of debt but deficit is relatively low. Italy also has huge economy. It will likely be the last of Club Med to fall, if the crisis spreads. (Greece-->Portugal-->Spain-->Italy).

Also there's no way to bail out Italy. It's simply too big.