Quote of the day

You thought the euro crisis had gone away? Think again. Now Italy is in the firing line. This, from The Telegraph:

"The government ceased to exist months ago," wrote Massimo Giannini in La Repubblica.

"What other country would allow itself the suicidal luxury of offering cynical markets such a spectacle of political disintegration and institutional decay at a time when Europe is destabilized by Greece's sovereign debt and haunted by contagion? We have a band of poltroons dancing under the volcano, and the volcano is about to erupt."

Oh dear ...