Italian Prime Minister Mario Monti on Wednesday said the root of the eurozone's debt woes lay partly in the irresponsible parenting ofGermany and France during the bloc's infancy.
NEW YORK (Reuters) - Wall Street was set to fall on Tuesday, led by banks and resource-related stocks, as risk aversion tied to Europe's debt crisis sent Italy's bond yields back into a perceived danger zone.
LEIPZIG, Germany (Reuters) - German Chancellor Angela Merkelsaid on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the eurozone debt crisis.
ROME (Reuters) - Italy's Senate approved economic reforms intended to reverse a collapse of market confidence on Friday, kicking off a rapid transition that will end the Berlusconi era and clear the way for an emergency government within days.
