Pressure on Spain and Greece

The crisis within Euroland is taking a further turn for the worse as pressure mounts on Spain and Greece.  Cyprus is holding a second round of bailout talks with the ECB, IMF and EC.

http://www.mail.com/int/business/markets/1446826-europe-shaken-fear-spain-will-full-bailout.html#.1614-stage-set1-1

http://www.telegraph.co.uk/finance/financialcrisis/9422001/Eurozone-danger-mounts-as-Spain-spins-out-of-control.html

http://www.telegraph.co.uk/finance/comment/liamhalligan/9417866/Is-the-US-losing-patience-with-the-eurozone-debacle.html

http://www.telegraph.co.uk/finance/financialcrisis/9419288/German-minister-horror-of-Greek-euro-exit-has-faded.html

http://www.telegraph.co.uk/finance/financialcrisis/9418656/Debt-crisis-Greek-economy-is-in-a-Great-Depression-says-Samaras.html

http://www.telegraph.co.uk/finance/debt-crisis-live/9413279/Debt-crisis-as-it-happened-July-20-2012.html

http://www.spiegel.de/international/europe/germany-and-imf-to-refuse-greece-further-financial-aid-reports-say-a-845860.html

http://www.spiegel.de/international/europe/review-of-german-press-commentaries-on-greece-and-euro-crisis-a-845903.html

http://www.telegraph.co.uk/finance/financialcrisis/9420225/FTSE-100-tumbles-as-escalating-Spain-crisis-unnerves-investors.html

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9418988/Blaming-the-Spanish-victim-as-Europe-spirals-into-summer-crisis.html

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100019006/who-will-hold-the-troika-to-account-for-asphyxiating-greece/

http://www.telegraph.co.uk/finance/financialcrisis/9421090/Mixed-views-at-the-ECB-as-economists-and-IMF-call-for-action.html

A snippet concerning Italy:
http://www.telegraph.co.uk/finance/financialcrisis/9421599/Ten-Italian-cities-at-risk-of-bankruptcy-schools-may-not-reopen.html