Italy is also in deep financial trouble causing the Eurozone considerable concern since its economy is ways much bigger than Greece or Portugal’s and the present bail-out fund would not cover its debts.
The Italy 1871 (2 July 12.30pm) chart was elbowed on all sides by the difficult July Cancer Eclipse since it has a Sun Jupiter in Cancer opposition Saturn Moon in Capricorn square Mars in Libra. Tr Pluto is conjunct Saturn and square Mars thro 2011/2012 which is devastating setbacks, hardship and difficulty. And they have the dead-halt Solar Arc Pluto conjunct their Mars by mid 2012. There’ll be some cheer this year from Solar Arc Jupiter trine Uranus exact in three months’ time bringing some relief and luck. But otherwise they look to be on a serious downhill slide. With a directionless tr Neptune square their Solar Arc Midheaven through a very very trapped 2012.
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The Bank of Italy is in a meltdown panic at the moment with Solar Arc Neptune conjunct Saturn plus tr Saturn trine Neptune in August which is a brief spell of much the same but may be a trigger for events to come. 2013 looks desperate for them, coping with a bleak situations.
The relationship between the Bank of Italy and the ECB is worsening rapidly through Aug/Sept and not improving into 2012.
I thought from years back that if any countries were likely to exit the EU that Italy and Germany were the two most likely – for clearly different reasons.
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