- Italy was on edge of debt crisis but dug in its heels (it’s boot?) and didn’t fall in
- Italy not very near to Greece situation
- Need to reform labour contracts to reduce number of young people in temporary contracts
Young people everywhere, it seems, are stuck in contract work. My important takeaway from the earlier comments is regarding boosting the EFSF. A strong Italian push could go a long way toward making the fund powerful enough to convince markets and turn a corner but cutting budget deficits is paramount.