Italy’s Precarious Economy Again Threatens the E.U.

Once again, Italy and the E.U. are headed toward confrontation. They fought a protracted battle last year over the impact of Italy's budget on its debt before arriving at a compromise in December, but the problem has re-emerged, and it's not clear whether a larger fight can be avoided.

Once again, Italy and the E.U. are headed toward confrontation. They fought a protracted battle last year over the impact of Italy's budget on its debt before arriving at a compromise in December, but the problem has re-emerged, and it's not clear whether a larger fight can be avoided.