Austrian minister says Italy too may need bailout

By Pater Tenebrarum: Aunt Mitzi Speaks Out of Turn In a somewhat amusing slip-up, Austria's finance minister Maria ('Mitzi') Fekter decided to continue the tradition of putting her foot in her mouth at inopportune moments by suggesting that Italy would be the 'next country that requires a bailout'.

VIENNA (Reuters) - Raising the stakes in Europe's debt crisis, Austria's finance minister said Italy, the euro zone's third economy, may need a financial rescue because of its high borrowing costs.

VIENNA/ROME (Reuters) - Raising the stakes in Europe's debt crisis, Austria's finance minister said Italy may need a financial rescue because of its high borrowing costs, drawing a sharp denial on Tuesday from the Italian prime minister.

Raising the stakes in Europe's debt crisis, Austria's finance minister said Italy, the euro zone's third economy, may need a financial rescue because of its high borrowing costs.

Since 2009, when Hypo Alpe Adria was 'nationalized', the Austrian government has dumped more than EUR2 billion into the troubled bank. It remains on life-support but this time the government-proposed 'aid' being offered is running into a wall.

VIENNA (Reuters) - Britain and the United S

VIENNA (Reuters) - Greece will get more time