Forex: Goodbye Berlusconi, hello Euro?: "The Italian bonds spread yields jumped earlier this week to 7.6%, the same level that triggered bailouts from the ECB and the IMF, for Portugal, Ireland and Greece. The euro has recovered some ground past Friday, thus closed the week below 1.3800. The euro zone contagion fears that menace the currency over the beginning of this 2011, finally exploded over the past few weeks and already two PM had resigned over the crisis, being the other one, George Papandreou from Greece, who has been replaced by Lucas Papademos, a doctor in economics."
'via Blog this'
