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…