A to have you with us it is the latest italian drama that has investors on the edge of their seat can italy form a government or will there be new elections possibly opening the door to the euro skeptic league and north party a victory for its leader. Could also have huge implications for the entire eurozone italy has the 3rd largest g. D. P. In the euro zone right off to france and germany but its debt to g. D. P. Ratio of 132 percent is much higher than that of other major eurozone economies so what happens when the markets lose confidence in italys ability to rein in its massive debt no banks across the e. U. Own loads of italian debt with 286000000000 euros in frogs alone means these banks are exposed should italy default on its debt and just the possibility of such as an aria. It is enough to put those under pressure forcing them to set aside money and putting scrutiny on their bottom lines now then for more on that issue i am now joined by hold this meeting hes chief economist at