Greece is near to forming a new government, led probably by a technocrat and backed by the two major parties, Pasok and New Democracy.

Everybody expects it to introduce the Brussels agreement of 26-27 October in parliament, for a second and final bailout scheme to be applied and steer the country out of its crisis. At the same time, it appears that Italy is gradually becoming the next focal point in the Eurozone's sovereign-debt sequel problem.

Interest rates on the ten-year Itali...

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