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The EU and Italy: The Continuing Travails, from David Lillienfeld

For those who thought that European troubles were a thing of the past and that European banks must be OK, it's worth taking a look at France and Italy. France has been talked about as the sick man of Europe for a while now. There are too many links to offer. But Italy just came out with a report about continuing unemployment problems. Given that there remain serious problems in two major economies in Europe and they show no signs of resolution any time soon, can European troubles really no longer weigh on US markets?