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Italy's Monti says serious worry Sicily region may default
Reuters ^ | 7/17/2012 | Unattributed

Posted on 07/17/2012 11:11:26 AM PDT by mojito

Italian Prime Minister Mario Monti said on Tuesday he expected the governor of Sicily to resign following a growing financial crisis that has pushed the autonomous region close to default.

Monti said in a statement there were "grave concerns" that the island could default and he said he had written to the governor Raffaele Lombardo seeking confirmation that he would resign by the end of the month.

(Excerpt) Read more at in.reuters.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government
KEYWORDS: bankrupt; eurozone; italy; sicily
Oh yeah, everything in Europe is fixed.

Fixed. Yeah, that's it.

1 posted on 07/17/2012 11:11:37 AM PDT by mojito
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To: mojito

Some people worried that Guam would tip over — what they should have worried about was Sicily borrowing too much and becoming underwater.


2 posted on 07/17/2012 11:18:47 AM PDT by ClearCase_guy (Roger Taney? Not a bad Chief Justice. John Roberts? A really awful Chief Justice.)
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To: mojito

Sicily is a great slice of history. I was stationed there in the mid-70s and have been back several times. Nothing changes there hardly at all. It’s sad they’re having financial difficulty but the Sicilians have put up with a lot worse for a lot longer. And yes...business is still done the”old way”.


3 posted on 07/17/2012 11:36:01 AM PDT by moovova (Ladies & Gentlemen...Pandora has left the box.)
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To: mojito
http://mediamemo.allthingsd.com/files/2010/03/Godfather.jpg

They will come and ask for Money and a Bailout, from a real gangster, on this of my daughter's wedding

4 posted on 07/17/2012 11:50:19 AM PDT by KC_Lion (The Supreme Court issued their ruling on Obamacare. Soon, We the People shall issue ours.)
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To: moovova

In Sicily, women are more dangerous than shotguns.


5 posted on 07/17/2012 11:52:32 AM PDT by dfwgator (FUJR (not you, Jim))
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To: dfwgator

But beautiful...until the pasta kicks in.


6 posted on 07/17/2012 12:15:10 PM PDT by moovova (Ladies & Gentlemen...Pandora has left the box.)
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