If there's not agreement there's not transaction tax. simple.

Swedish finance minister says financial transaction tax would reduce growth

I guess in Italy if you don't pay taxes you go to jail like anywhere else. Pointless biased article.

Italians Dodge Property Tax in Test for Monti’s Austerity

Let Merkel and eurozone leaders read that ...eurozone solution closer...it's imperative...they need to overcome their individual interests for the sake of us all

Eurozone crisis will cost world's poorest countries $238bn

euro is going to jump like a rocket

IMF unveils its blueprint to salvage the stricken euro

US will be screaming QE3 sooner than later

Dollar rebounds as global growth jitters hit risk

Sounds like a plan

Interesting turn of phrase from Lagarde

a war for further QE sooner than later ...that's clear

Moody's to unveil bank downgrades at 4pm ET

9 Europe banks downgraded as reported by CNBC

Moody's to unveil bank downgrades at 4pm ET

5 US banks downgraded

Moody's to unveil bank downgrades at 4pm ET

anything ecb does for Spain is good

ECB will announce tomorrow to lower the rating on the collateral to BBB- from A-

better than expected

Spain’s Banks Need Up to $78 Billion, Assessors’ Report Says

they will blame it on euro area

Philly factory activity contracts sharply in June

the solutions should be rather special in this area..

What’s So Special About the Euro Currency Area?

Italy is doing well in terms of reforms, well ahead of its schedule...this is nonsense..not surprised this rumour comes from Germany

Italy risks becoming the next Euro-area state to need a bailout: Germany's BGA exporter

a mechanism like that should be always in place to protect from heavy speculation...especially when you are in the process of creating a joined Europe...quite a tall order.

Italy To Propose Mechanism To Reduce Spreads On Bonds –Reuters

Samaras knows that this is his last time anyway...Syriza will deal with a different situation if successful in next elections. It's a problem of now...and I reckon it should be ok for a while..

Greek election winner Antonis Samaras under pressure to form broad coalition

This was just in response to Lagarde's comments regarding Italy being the weakest link in Europe. Totally unnecessary and untrue. IMF has now a biased leadership which openly supports the exclusive France-Germany alliance...Italy must be kept out of ...

Italian PM Monti does not see need of bailout now or in future

We will know the truth about the real conditions of the US economy only after the presidential elections which means November/December this year. That seems also a good timing for any possible QE.

Gold Slides Below 1600 After Bernanke Holds off Stimulus

The problem is not how long the rally will last but how long the euro will last.

Euro’s Rally Can’t Last