While Greece continues to meander towards the cliff of default, the full impact of the European sovereign debt crisis arguably hinges on whether Italy is on a path to default (i.e. insolvency) or merely faces a short term liquidity problem due to contagion fears. We offer a set of articles, that detail the challenges facing the Italian economy, as well as one possible path forward for the Euro zone. This leads to this week's FUBar topic -- can Italy avoid default (thereby allowing the Euro zone to soldier on), or is it time for the Northern part of the Euro zone to detach the rest and move on?
