Tag Archives: Is Italy Following The Footsteps Of Greece? Does Italy Or Germany Exit The Euro

Mish/ Mike Shedlock – Is Italy Following The Footsteps Of Greece? Does Italy Or Germany Exit The Eurozone First? – 15 August 2012

As I watch the implosion of Greece, with shops closing everywhere and GDP plunging like a rock, I cannot help but wonder if we are witnessing the start of a similar trend in Italy.

To be sure, Italy has a manufacturing base that Greece does not have, but retail aspects and shop closings in Rome as compared to Athens seems rather similar. Continue reading

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