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Politics

Italy’s Election, France’s Faltering Economy, and Cyprus on the Brink

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February 28, 2013

The Euro crisis looked like it might finally be under control, but now it seems poised for a comeback. Cyprus urgently needs an EU bailout to rescue its faltering banking industry. The French economy is still in the doldrums. And now the Italian election threatens to spark a new crisis in the eurozone’s third-largest economy. Once again, Germany is worried about the future of the euro.

The Euro crisis looked like it might finally be under control, but now it seems poised for a comeback. Cyprus urgently needs an EU bailout to rescue its faltering banking industry. The French economy is still in the doldrums. And now the Italian election threatens to spark a new crisis in the eurozone’s third-largest economy. Once again, Germany is worried about the future of the euro.