12 July 2011 11:06 | By Maureen O'Hare & Francis Whittaker
News in pictures - 12 July 2011

European debt crisis: Is Italy next?



European debt crisis: Is Italy next? (© Alessandro Bianchi / Reuters;)
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Alessandro Bianchi / Reuters;Show Thumbnails
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Stock markets fell on Tuesday as concern deepened that the Eurozone debt crisis might spread to Italy and Spain. On Monday, Italian finance minister Giulio Tremonti (pictured) pledged a substantial package of austerity measures in an attempt to reassure the markets.

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