Hard hitting global and local news
According to Google translation from Le Monde , October marks the 18th consecutive month of rising unemployment .
Read the article: Five Star Movement (Eurosceptic) Surges into Second Place in Italian Polls
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Berlusconi Attacks Monti and Germany Berlusconi is back with a frontal attack to Mario Monti, Germany, Angela Merkel and the EU imposed austerity during a 1.5 hours press conference near Milan on Saturday, 10/27. Berlusconi might withdraw support to Monti’s government already this week leading to early national elections in January or February. This will be fought tooth and nail by the Italian and EU establishments. Berlusconi wanted to announce the withdrawal of his support for Monti’s government already during the call on Saturday but his family and counselors managed to convince him ponder the decision for a few more days.
Via Google Translate, please consider military association calls for declaring a "state of war" against Catalunya . Barcelona (Editorial). – The Association of Spanish soldiers returned to the charge
See the article here: Venetian Protesters Demand Independence From Rome; Polls Show 70% Favor Independence
Very complex and sometimes contradictory laws High level of corruption within public administration and politics Article 18, a section of the Workers Statute makes layoffs for economic reasons very, very difficult and it is applicable to companies that have 15 or more employees. This is a major reason why Italian companies have so few employees. The other one is that Italian company are mainly family run
Read this article: No One Happy Except Stock Market; Discord Emerges in Spain, Italy, Germany to ECB Announcement
If Spain is going to be saved, someone better convince Spanish citizens because Deposit flight from Spanish banks hits 15-year high as bailout rumours grow Spanish banks lost €1 out of every €20 deposited with them in July, making it the worst month for deposit flight in 15 years as rumours grew that the country is edging closer to a full bailout.