European Union is the new ‘big beast’ on the bond markets
Europe Letter: ‘Outrageous’ demand by investors to buy EU’s debt seen as vote of confidence in euro
Italy using EU as a scapegoat can be an obstacle to deep reform
Italy has the largest absolute debt load of any EU country, and the third largest in the world
Italian banking crisis will be the EU's next headache
Banks have €360bn of nonperforming loans that need to be dealt with
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