The Milan stock exchange fell on Monday amid concerns about Italy's debt. Italy has slid into the speculators' crosshairs amid concerns that the euro-zone crisis could hit the country next. In many respects, Italy is much better off than its neighbors on the periphery. But unlike Greece, it is definitely too big to fail (...)
The symptoms are all too familiar. The risk premium on Italian government bonds reached a new high on Monday, stocks fell and the Milan stock exchange restricted short-selling as a precaution. Italy has suddenly become the focus of international investors' attention.
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