ROME/LONDON (Reuters) - Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms.
Senh: Europe's third largest economy is in need of a bailout that the euro zone can't afford. Holy moly. It feels like a domino effect now. First Greece, now Italy. More holes to plug. Hopefully, Italy is the last one.
