Italy's Mario Monti calls on EU to bring down borrowing costs

ROME: Italian Prime Minister Mario Monti called Tuesday on the European Union to recognise efforts made by countries to overcome the economic crisis by moving to bring down punishing borrowing costs.

Lack of Trust Hurting Greek Economy

While Greece’s financial stability is the most obvious and immediate concern, confidence—or a lack thereof—is a major issue and a growing part of the equation as the rest of the world’s leaders circle the wagons in an effort to rescue this tiny country.