Could $50 Billion Euros Actually Save the Euro?

The break-up of the euro would be a multi-trillion euro catastrophe. An interest subsidy costing around 50 billion euros over seven years could help save it. The immediate problem is that Spainâ??s and Italyâ??s borrowing costs - 6.3 percent and 5.8 percent respectively for 10-year money - have reached a level where investors are losing confidence in the sustainability of the countriesâ?? finances. A vicious spiral - involving capital flight, lack of investment and recession â?? is under way.