Italy's Credit Downgrade Belligerent Berlusconi Toys With Europe

Italian Prime Minister Silvio Berlusconi refuses to recognize that his country is in trouble. Vast debt, sluggish growth and rising borrowing rates indicate that Rome too may be infected by the euro-zone debt crisis. But the EU has few tools at its disposal to get Italy to take action.
The European Union has little influence over Italian Prime Minister Silvio Berlusconi's crisis management.

The European Union has little influence over Italian Prime Minister Silvio Berlusconi's crisis management.

Foto: MAX ROSSI/ Reuters