Monti attempts to calm markets as Italian political crisis spooks eurozone investorsMarket reactions “need not be dramatized,” says Mario Monti.Click here for the full storyReverse contagionThe Bank for International Settlements shows that the turmoil in Europe can be blamed for a substantial contraction in cross-border lending to emerging markets since the middle of 2011.Click here for the full storyEuropeans starting to get upset by massive multinational tax avoidance However, some EU members are guilty of creating the environment that other EU countries are now rebelling against. Click here for the full story
