Tag Archives: Recovery Failure in Spain and Italy

Golum XIV – “Greece’s Tsipras Says Wants International Commission To Investigate If Greece’s Debt Is Legal” – 9 May 2012

Recovery Failure in Spain and Italy.

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The Milan Index MIB

Its highest ever point was   44 364   on the week of 14 May 2007

Its lowest ever was                 12 895  on the week of 2nd March 2009

Today 8 May ’12                        13 936

So 3 solid years of hundreds of billions of Euros of Italian and European bank bail outs and the resultant austerity to pay for them and …. Continue reading