European Financial Rescue Measures May Not Work As Intended – Italy Facing Higher Borrowing Costs – Besides, Rescue Addresses Only Symptoms – Europe’s Real Problem Is Low Growth

By Paolo von Schirach October 29, 2011 Related stories https://schirachreport.com/index.php/2011/10/25/will-european-debtfinancial-crisis-be-solved-yes-but-not-soon-eu-institutions-weak-hesitant-national-political-leaders-will-not-move-fast-enough/ https://schirachreport.com/index.php/2011/10/27/europeans-agreed-on-measures-to-end-debt-crisis-greek-debt-will-be-reduced-rescue-fund-to-be-augmented-eu-banks-to-increase-reserves-yet-serious-doubts-about-implementation-italys-ability-to/ WASHINGTON – In recent articles (see...