Italy and Spain driving the worries, as usual

[Christine]

Two stories are weighing on the periphery today:


The FT is reporting (http://www.ft.com/intl/cms/s/0/5b1c7e66-87c0-11e1-ade2-00144feab49a.html#axzz1sD3kVUS5) that Spain may take over finances from its regions next month in an attempt to get them under control
The Italian government has delayed (http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fm.linkiesta.it%2Fdocumento-def-commissione-europea) publishing estimates on 2012 public finances

http://feeds.feedburner.com/~ff/forexlive-rss?d=yIl2AUoC8zA (http://feeds.feedburner.com/~ff/forexlive-rss?a=TqB_ZNNnVWs:mPHoJvGsgbo:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/forexlive-rss?i=TqB_ZNNnVWs:mPHoJvGsgbo:V_sGLiPBpWU (http://feeds.feedburner.com/~ff/forexlive-rss?a=TqB_ZNNnVWs:mPHoJvGsgbo:V_sGLiPBpWU) http://feeds.feedburner.com/~ff/forexlive-rss?d=qj6IDK7rITs (http://feeds.feedburner.com/~ff/forexlive-rss?a=TqB_ZNNnVWs:mPHoJvGsgbo:qj6IDK7rITs)


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