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Italy debt

Eurozone – European Travel Gone Critical

2011-07-17 by Phil Butler

Italy's Economy Minister Giulio Tremonti

The Eurozone is in deep trouble. The piling up of debt for member states now affects every country, every industry, all Europe is reeling at the ultimate realization economic chaos is no longer a distant danger. Italy’s Ecomomy Minister Giulio Tremonti said it all in an address on Thursday; “We move forward or we sink” – stressing the EU desperately needs a political solution to its money woes.

Tags: Athens travel, economic disaster, EU economies, EU tourism, Europe debt, Europe industries, Europe tourism, Giulio Tremonti, Greece travel, Greek economy, Greek poverty, Italian austerity, Italy debt, Italy travel, Souther Italy, tourism

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Sakis Arnaoutoglou expressed astonishment at the devastation experienced in such a short time since Storm Elias hit Greece. In a Facebook post, he highlighted the data indicating that Volos, a city in Magnesia (one of the regional units of Greece, part of Thessaly), has already received about 30 times the average amount of rainfall for […]

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