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Back to Which Way, L.A.?

Which Way, L.A.?

Is Italy's Economy Too Big to Fail, but Too Big to Bail Out?

When it comes to the troubled economies of the Euro Zone, "contagion" is what economists, bankers, traders and political leaders fear most. Now the focus has shifted from Greece to Italy. Greece at least appears to be getting its economic act together, but Berlusconi's Italy is another matter.

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By Warren Olney • May 12, 2014 • 1 min read

When it comes to the troubled economies of the Euro Zone, "contagion" is what economists, bankers, traders and political leaders fear most. Now the focus has shifted from Greece to Italy. Greece at least appears to be getting its economic act together, but Berlusconi's Italy is another matter. We hear about the billionaire Prime Minister who's promising to resign, and what Italy's potential bankruptcy could mean for the rest of the world.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Christian Bordal

    Managing Producer, Greater LA

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

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    Katie Cooper

    Producer, 'One year Later'

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    Rachel Donadio

    Paris-based journalist, contributing writer for The Atlantic

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    Beppe Severgnini

    Corriere della Sera

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    Daniel Gros

    Centre for European Policy Studies

    News
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