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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

A woman strolls in Via Condotti, a luxury shops street in Rome, Tuesday, Nov. 15, 2011. Both the center-left Democratic Party and ex-Premier Silvio Berlusconi's Peoples of Liberty party said they fully backed Italy's premier-designate Mario Monti. But investors worried that they might pull their support in the future if austerity measures proved unpalatable, undermining the success of much-needed reforms. That prospect weighed on Italy's markets, with the yield on the 10-year bonds jumping again by 0.44 of a percentage point to 7.02 percent. Last week's spike above 7 percent raised fears Italy would eventually need a bailout like Greece.

Gregorio Borgia / Associated Press

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