Fitch downgrades Italy to A+. Outlook Negative

Should we expect France in the coming two months? they declared that they borrow from others while EUR depends on France as the second defence after Germany!

This countries need help as they stand right now. They need to stand up for themselves and look at the things that really matter.

Italy is the third largest economy of the Eurozone and I think that a default of this country is a VERY VERY remote possibility. Should Italy default it would trigger a catastrophe that would widely affect not just Europe but the world's economy as well. The debt is huge, but under control. These downgrades are just emotionally driven by lack of confidence in the Italian government, which due to Berlusconi's clown performances is suffering a very difficult phase.