The disappointing developments for the prosperity of the Euro binary option markets continue. Sicily, the birthplace of the Italian mafia “cosa nostra”, Sicily is practically one step away from default. If this Italian regions bankrupts this in turn will put higher pressures on the overall economic stability of Rome, which is already struggling.
“The Italian Prime Minister Mario Monti said on Tuesday he expected the governor of Sicily to resign following a growing financial crisis that has pushed the autonomous region close to default,” – Reuters.
What should be alarming for the binary option community is that the resignation of Sicily Governor Lombardo will not solve Rome’s financial crisis. Many predict that after the possible Sicilian downfall, soon it would be followed by Calabria, Campania, Lazio, Abruzzo, Tuscany, Lombardy, Umbria, Liguria, Veneto and so on.
The real test for Italy, the Eurozone’s stability and the prosperity of the binary markets is how Rome will actually fund the bailout of its regions.