Italy is thinking about taking a $250 billion write down and that has traders starting to freak out about Greece

Italy is thinking about taking a $250 billion write down and that has traders starting to freak out about Greece

Thomson Reuters Huffington Post Italia leaked a government proposal late Tuesday showing that populist parties had drafted plans to ask the European Central Bank for debt forgiveness of €250 billion ($300 billion). Italy’s 10-year yield hit its highest level in two months following the report. Bond yields in other eurozone countries also spiked, with the…

Italy to vote after divisive campaign

Italy to vote after divisive campaign

Image copyright Getty Images Image caption Pollsters do not expect any party to win an outright majority Italians are voting after a divisive election campaign dominated by concerns over immigration and the economy. Correspondents say it is hard to say who will come out on top in an unpredictable contest. The anti-establishment Five Star Movement,…