European Debt Crisis: Could Italy Be Next?

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Here is an examination of the debt and deficit issues facing Spain, another member of the PIIGS fraternity:
http://viableopposition.blogspot.com/2011/07/spain-next-on-eurozone-debt-hit-list.html
Spain is currently suffering from the highest unemployment rate in the Eurozone with nearly 21 percent of its workers jobless; this is over twice the average jobless rate of its Eurozone counterparts. Even more concerning, nearly 45 percent of its under-25's also find themselves unemployed. This will make it difficult for Spain's economy in future years as their debt continues to rise.

Steve Thompson of ME 1:25PM July 15, 2011