Try digitalPLUS for 10 days for only $0.99


Benito Mussolini
Will any part of Europe save itself?
Will any part of Europe save itself?

The Fitch Ratings agency has downgraded the credit of another five European countries -- Belgium, Cyprus, Italy, Slovenia and Spain -- citing "the financing risks faced by eurozone sovereign governments in the absence of a credible financial firewall against contagion and self-fulfilling liquidity crises." In other words, these self-styled fiscal medics plunged headfirst into deadly disease without making sure they had all their shots. Is every European country that tries to find a clean end by which to lift up this mess now doomed? Klaus Schwab, the World Economic Forum chairman, opened last week's annual gathering of the world's economic and political elite in...