Czerulf: Italy – Napolitano pushed into extra time

Giorgio Napolitano needs to go into extra time

Italy has witnessed a dramatic week. The Italian parliament was called in to elect a new President of the Republic. In normal times this could have been a straight forward affair, since the post is of mainly representative nature. But these are not normal times. With the economy in free fall, the unemployment rate on a level not seen in two decades and the trust in the political class on an all-time low, the President is now regarded as the only institution able to hold the Italian Republic together, not a minor assignment by any means. The task has fallen again onto Giorgio Napolitano‘s (age 87) shoulders.

Ballarò : MAURIZIO CROZZA 05/02/2013 – “Tenetevi il resto!”

Un grande spettacolo politico di un grande comico. Bravissimo Maurizio Crozza!

What’s that spread?

The ‘spread’ has become something of a synonym of Europe’s debt crisis. There is barely a news program that does not mention it. It usually means disaster when it goes up and plain sailing when it goes down. But is that true? What is it anyway? And does it have any significance for our everyday life?