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we have now, yesterday we were thinking there wasn t going to be a referendum. now the greek finance minister has told the eu there will be no referendum. but as you alluded to, within about six hours or so there is going to be the final step in a confidence vote on the greek in the greek parliament. the prime minister, george papandreou, who s really behind all the drama this week, only has a two-seat lead in parliament. so it remains to be seen what s going to happen in greece. but randi, greece is a tiny country in the grand scheme of things. it is the 32nd biggest country in the world in terms of its economy. t italy is a much bigger country and italy right now is in the focus because right now lenders from around the world, whether they re banks or governments, are looking at europe and saying is this a stable organization? are these 17 countries that use the euro trustworthy that they ll pay their debts? after what we saw with greece they are starting to look at italy
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