Daily Archives: November 10, 2011

A screen in Hong Kong displaying the Hang Seng index's turbulent day today. Image AP

Welcome back to the FT’s coverage of the eurozone crisis and its global fallout. Curated by John Aglionby, Tom Burgis and Orla Ryan on the news desk in London and with contributions from correspondents around the world. All times are GMT.

Market reaction to events in Italy shows that the crisis is now truly global. Markets are looking for more clarity from Rome on timings, particularly of the austerity vote. Meanwhile the Greek establishment has finally settled on a new prime minister.

18.53 That’s the end of our live coverage today. See FT.com through the night for all the latest news and analysis.

18.45 Our reporting team in Italy has produced a profile of Mario Monti, frontrunner to be the next Italian prime minister:

Mario Monti

Former European Commissioner Mario Monti at a news conference in Strasbourg in 2001 (Reuters)

Romans are already talking of the beneficial “Mario Monti impact” on Italy’s debt mountain – even before his appointment as prime minister is in the bag.

The spread between Italian and German 10-year bonds has fallen some 50 basis points since peaking at 576 on Wednesday, partly attributed to the prospect of the respected economist and former European commissioner taking over from Silvio Berlusconi to head a caretaker government.


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