Monti Labor Law Split Poses Risk for Investors
Even as Prime Minister Mario Monti of Italy pushed through a plan to make it easier to fire workers, a split within his governing coalition over the measure could endanger his government even before elections are held by May. And that, in turn, could boost risk for investors.
Spanish Bond Auction Shows Weakness
Spain's auction of 3-month and 6-month Treasury bills on Tuesday was a clear indicator that, Greek rescue notwithstanding, the euro zone's debt troubles are far from over.