Here is an FYI:
Sovereign Greek bonds which where yielding in the area of 24% have now slipped to about 17%.
Italy just sold some bonds with these resultsL
"The BTP Italia is a four-year bond linked to Italian, rather than euro-zone inflation. The Treasury set the annual yield at 2.55% over the domestic inflation rate. "
2.55% over the domestic inflation rate!!! Happy days in Italy for savers. Bring out the vino!
The worst decisions are usually made in times of anger and impatience.