Can Italy’s Banks Bring Down the EU?

Can Italy’s Banks Bring Down the EU?

Italy’s finances have been bleak for some time now, with a recession that lasted for seven years resulting in the death of almost 25% of industry in Italy. With so much industry gone, Italians have been left with an economy that hasn’t grown in 13 years, and an...
Britain on the Brink of Debt Crisis?

Britain on the Brink of Debt Crisis?

New figures from the Bank of England shows that British households are borrowing more than £1bn a month for financing. While the buying of new cars, holiday travel, and other spending is good for the local economy, can encourage growth, and may also stimulate the...