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Contagion

There has been plenty happening in the news since I last posted. Silvio Berlusconi has stepped down as Prime Minister of Italy and has been replaced by economics minister Mario Monti. This follows Greece’s change a couple of weeks ago.

More recently, there have been fears over the debt situation in Spain which has itself just held a general election which

Breaking up is hard to do

The Italian Prime Minister Silvio Berlusconi has announced his resignation, and he will step down as soon as parliament passes urgent budget reforms. He has also confirmed that he will not stand for re-election should early elections be held.