Relevant:
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- Italy Faces 2-Year Recession says IMF; European Recession Neither Mild Nor Short
- EU leaders set to announce €750bn Spain and Italy bailout deal (Repurposed EFSF and ESM Funds)
- Why Italy's banking crisis will shake the eurozone to its core; EUR 50 bln "Bad Bank" Being Modeled With JPM
- Greece reaches [interim] deal with creditors to pave way for bailout talks
2011-11-28 — bbc.co.uk
``Stock markets in Europe have rallied on hopes that eurozone leaders will stitch together a new fiscal policy pact...
Markets hope that the agreement will open the way for the European Central Bank to bail out Italy and Spain... Meanwhile, the International Monetary Fund (IMF) denied claims that it was in bailout talks with Italy's government.''
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